A new captive advisory firm has been establish to address the growing needs of captive firms and alternative risk transfer entities.
The Senate Finance Committee has passed a new bill aimed at increasing the premiums ceiling for small captives.
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.
Guernsey’s chief minister has held a series of meetings in Washington to boost the island’s reputation as a leading international financial centre.
The formation of captives in Vermont over 2014 has been the lowest in recent memory, although the Vermont Captive Insurance Association remains optimistic.
Arthur J Gallagher's (AJG) captive management and alternative risk programmes operation, Artex Risk Solutions, has launched a new pension longevity swap facility.
Premium savings and broader coverage are some of the benefits on offer to US captives following the passage of the Terrorism Risk Insurance Program Reauthorisation Act (TRIPRA).
The Cayman Islands captive insurance industry has enjoyed steady growth in 2014, with 22 new captives formed.
Using abusive tax shelters and structures to avoid paying taxes continues to be a problem and remains on the Internal Revenue Service’s (IRS) annual list of tax scams.
Law firm Anderson Kill has promoted Patricio Suarez, an attorney in the firm's New York office, to shareholder.