The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist.
Several chief insurance regulators are set to participate in a special keynote panel presentation during the 2015 E-Reg Conference.
The Western region captive insurance conference will once again be hosted by the Arizona, Missouri and Utah captive insurance associations.
Insurer Aviva has completed its £5.6 billion acquisition of Friends Life Group, advised by offshore law firm Carey Olsen.
Barclays has strengthened its captive insurance team with the appointment of a manager and a number of promotions.
Only 1 percent of captive owners are funding cyber risk through their captives, despite the increasing severity and frequency of cyber attacks.
Interest in captives has exploded in Asia, with Chinese companies being a particular driver.
A senior executive at captive manager JLT Insurance Management has relocated to the US to support the growth of the company’s US-based captive insurance business.
Rating agency Demotech has downgraded the financial stability rating (FSR) of Allied Professionals Insurance Company, risk retention group (RRG), to ‘A, exceptional’.
The Georgia legislature has passed HB 552, a bill that centres on changes in the tax structure for captive insurance companies domiciled in the state.