Tax considerations for captives owners in foreign jurisdictions
When starting a captive insurance company in a foreign jurisdiction such as the Cayman Islands or Bermuda, many prospective captive owners may be excited about the potential tax benefits. However, these tax benefits should never be a primary reason to form a captive, says Daniel Greaves of Grant Thornton.
Captives in Europe: playing catch-up
The hardening of the market happened more quickly in the US than it did in Europe, says Aon’s Vince Barrett. Now, with the impact being felt very keenly by European businesses, Europe can expect to see a significant increase in its captives population. Captive International reports.
Risk management and captives
Good risk management is crucial to the operation of any business, and captive insurance companies are excellent vehicles for effective risk management, says John Talley of the Missouri Department of Commerce & Insurance.
Playing the odds: Bull vs Bear markets
Oppenheimer’s Jack Meskunas examines the history of Bear and Bull markets in the US and explains why, over the long term, it has historically paid to be bullish as an investor.
Captives by numbers
Estimations of the number of captives that exist globally vary, and a closer look at the numbers reveals some peculiar trends, says Greg Lang of the Reinsurance and Insurance Network.
Liability insurance can raise policing standards, says captive
Prymus Insurance has developed a liability insurance product specifically for police officers that, it claims, can raise policing standards by rewarding good behaviour with lower premiums, while pricing out those who are repeatedly fined for poor behaviour. Captive International reports.
CFSIC's Maglaras urges government to use captives to provide pandemic support
Connecticut Foundation Solutions Indemnity Company is a textbook example of how a captive can step into the breach when the commercial market walks away from a crisis. Michael Maglaras, its superintendent, believes captives should now be centre-stage in dealing with the pandemic crisis.
Tracking and analysing loss development for captives
There is a considerable amount of confusion about loss development factors and how they work. Enoch Starnes and Michelle Bradley of SIGMA Actuarial Consulting demystify loss development and explain why this knowledge is crucial for employees and board members of captives.
Preparing for the unique investment challenges of 2021
The most interesting, and potentially threatening, changes to the investment market outlook for insurance companies have to do with asset class behaviour. This will have important implications for captive insurance strategic asset allocation, says Carl Terzer of CapVisor Associates.
Employee benefits are top of the corporate agenda, and captives may help
Companies are increasingly competing not only on salaries but also on employee benefits. The challenge is to offer best-in-class benefits without causing costs to escalate out of control. The way to achieve this could be to offer benefits through a captive. Captive International reports on the approach of MAXIS GBN.
