According to Charles Winter, UK controlled foreign companies (CFC) regulatory changes must be examined on a case-by-case basis to determine what the material benefits to captive owners will be. 22 November 2013
It is an exciting time to be in the insurance business in the Cayman Islands. The industry is vibrant and there is an energy here that is fostering and is fostered by, innovation. 21 November 2013
Recent proposals by senate Democrat for Montana, Max Baucus to impose a one-off 20 percent tax held offshore by US multinationals are unlikely to affect captives or make it further than a gridlocked Capitol Hill. 20 November 2013
A.M. Best Asia-Pacific has affirmed the financial strength and issuer credit rating of Bermuda captive Evergreen Reinsurance Company at A (excellent) and “a”, respectively. 20 November 2013
According to Alan Kandel, business development manager at AM Best, challenges relating to pricing and availability of coverage in the commercial market have pushed more captives to seek a rating. 12 November 2013
