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Nevada experiences back to back years of record growth
Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion.
Obama offshore tax unlikely to affect ratings
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.
CICA 2015 to focus on captives’ strategic advantages
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 boosts captive team
JLT Towner Insurance Management, a JLT Company, has made three captive hires.
CICA outlines 2015 conference
The Captive Insurance Companies Association (CICA) has detailed the conference line-up for the CICA 2015 International Conference.
RBC exits the Caribbean
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.
Connecticut Insurance Commissioner joins Evercore
Thomas Leonardi, the Insurance Commissioner of Connecticut, is set to join investment bank Evercore.
Gibraltar approved by OECD
Gibraltar has been rated as “overall largely compliant” for transparency and exchange of information for tax purposes by the Global Forum of the Organisation for Economic Co-operation and Development (OECD).
Securitas wins big for captives
Swedish security services firm Securitas AB can deduct $88 million in expenses from a captive insurance arrangement, the US Tax Court has ruled.
FiscalReps launches tax compliance product
Tax consultancy firm FiscalReps has launched a new product aimed at providing the US insurance industry with a single solution to manage all of its tax and regulatory compliance requirements.
