Guernsey has strengthened its international tax credentials with the signing of a double taxation agreement (DTA) with Luxembourg, the eighth full DTA signed by the Island.
Towers Watson has named Michael Murphy managing director of its Risk Consulting and Software business in Europe, the Middle East and Africa (EMEA).
The NAIC will host the 6th annual International Insurance Forum in Washington, D.C. The two day forum will open on May 9th.
The CCIA will hold a “Captive Insurance Day at the Capitol” on the 14th of May in Hartford, Connecticut.
The differentiation between onshore domiciles and offshore domiciles is shrinking, Vermont Captive Insurance Association president Richard Smith told Captive International in a discussion about domicile selection.
The Self-Insurance Institute of America (SIIA) sent a letter to California Senator Ed Hernandez voicing their official opposition to Bill SB 161.
A risk-neutral investment strategy, one that immunises captives against known and expected liabilities, has the potential to free up a third investment stream that captives can then put to work.
The captive sector is emerging as a viable solution to cyber risk. It will be in providing customised solutions to their parents that captives can truly add value.
A survey conducted by Marsh and RIMS has revealed that although senior executives and risk management professionals opinions on the role that risk management should play in strategic planning are “more aligned than ever” there is yet to be full strategic integration.
The Marsh annual benchmarking report for 2012 found that new captive owners are gravitating toward onshore domiciles in the US and the EU, although few existing captives are re-domesticating to onshore jurisdictions.