News
Cayman analysis
Cayman premier, Alden McLaughlin defended Cayman’s tax record on BBC’s HARDtalk arguing that the Island is in fact more tax transparent than the UK. 28 March 2014
article
FERMA has asked that the EU not to intervene in the regulation of national insurance contracts, arguing that such an approach will jeopardise the market’s ability to write large cross-border risks. 27 March 2014
EMEA analysis
FERMA has asked the EU not to intervene in the regulation of national insurance contracts, arguing that such an approach will jeopardise the market’s ability to write large cross-border risks. 27 March 2014
Feasibility studies analysis
US convenience store, The Pantry, has formed a pure captive in North Carolina, the state’s first new entrant for 2014. 21 March 2014
Analysis
Texas has licensed its first captive insurer this week following the enacting of captive legislation in June last year. 20 March 2014
Accounting & tax analysis
Hong Kong’s Legislative Council has passed an Inland Revenue Amendment that will provide a 50 percent tax concession on the profits of captive insurers. 19 March 2014
Accounting & tax analysis
Cayman has welcomed three new captive managers in recent months as it looks to further develop its global position. 18 March 2014
Actuarial & underwriting
Vermont has further strengthened its proposition as the US’s leading captive domicile passing the Legacy Insurance Management Act, which will enable to creation of specialist insurance company that will acquire state run-off business. 13 March 2014
Bermuda analysis
AIG launches a segregated cell captive, Grand Isle SAC, which will extend alternative risk financing facilities to small and medium-sized companies globally. 10 March 2014
Accounting & tax analysis
Captives making intercompany loans to their parents need to take into account potential liquidity concerns and the impact this may have upon their ability to pay claims. 10 March 2014
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