Wilmington Trust expands Delaware captive team
Wilmington Trust has hired Joanne Shaver as captive account manager for the company’s captive management services division in Delaware.
Guernsey expands its impressive TIEA network
Guernsey has signed tax information exchange agreements (TIEAs) with Hungary and Switzerland, taking its tally of TIEAs to 46—16 of which are with members of the G20.
Proliferation of domiciles may damage regulatory oversight
A recent report by Fitch Ratings has raised the spectre of the dumbing down of regulatory oversight by some jurisdictions as the number of captive domiciles increases.
Crown dependencies are not tax havens, says Cameron
David Cameron, prime minister of the United Kingdom, has made it clear to his parliament that he does not consider offshore territories like Guernsey and Jersey to be tax havens.
Solvency II’s second pillar an increasing concern for captives
With captives writing increasing levels of employee benefits, closer attention will need to be paid to Solvency II’s second pillar—concerning corporate governance—says Towers Watson.
Saito named interim Hawaii captive insurance administrator
As expected, Sanford Saito has been appointed interim Hawaii captive insurance administrator following the resignation of George Sumner.
Vermont will welcome SPIs even after New York troubles
Vermont Insurance Commissioner Susan Donegan said that Vermont had no interest in any moratorium efforts.
FSB peer review recommends major changes for US regulation
The United Kingdom’s Financial Stability Board (FSB) issued a peer report indicating that the US could improve insurance supervision in a number of areas.
Captives can be a valuable tool in healthcare, says Lochner
Captives can help healthcare cope with a changing risk environment in the face of the Affordable Care Act (ACA).
16 countries renew CCRIF cat policies
The facility also added a new excess rainfall product to its portfolio.
