Bermuda will highlight the benefits of establishing captives on the Island, when a team of 15 delegates head to Canada for a roadshow.
The Illinois Senate has unanimously passed legislation which will repeal a premium tax imposed on industrial insurer captive insurers.
The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist.
AM Best has withdrawn its ratings of New Zealand-based general insurer AMI Insurance.
Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion.
In the near term, rating revisions are unlikely to stem from President Obama’s budget proposal, which calls for taxes on overseas revenues by US companies.
The Captive Insurance Companies Association (CICA) 2015 International Conference is set to explore the strategic advantages of captives across a wide range of business needs.
JLT Towner Insurance Management, a JLT Company, has made three captive hires.
The Captive Insurance Companies Association (CICA) has detailed the conference line-up for the CICA 2015 International Conference.
The Royal Bank of Canada (RBC) has confirmed that it will exit most of its wealth management operations in the Caribbean, including its captive business.