The curator of African Bank has announced that the African Insurance Group (InsureCo), the company which will hold all insurance interests as part of the GoodBank Group under the Good Bank restructuring proposal, has concluded an agreement with Guardrisk Life in respect of a captive cell within that company.
The Organisation for Economic Cooperation and Development (OECD) has highlighted Guernsey’s reputation as a cooperative jurisdiction.
Poland and Latvia have confirmed that Bermuda has been removed from their domestic lists of countries of non-cooperative tax jurisdictions.
The Bermuda Business Development Agency (BDA) has targeted the US in its latest captive webinar.
Revenues jumped at Randall & Quilter (R&Q), the insurance services and investment company, in 2014, although it also made heavy losses driven by reserve deterioration.
Bermuda and Guernsey have expressed shock at their placement on the European Commission’s tax blacklist.
The Bermuda Business Development Agency (BDA) has unveiled the keynote speaker of the annual Bermuda Captive Conference.
The chief financial officer (CFO) of Marsh Captive Solutions and Marsh Risk Consulting has stepped down.
Rating agency AM Best has assigned a financial strength rating of A+ to Intercona Re, the captive of Nestlé, the global food and beverage company. The outlook assigned to both ratings is stable.
Offshore captive domicile Bermuda has had its credit rating downgraded by rating agency Standard & Poor’s (S&P).