News
Analysis
The Guernsey Financial Services Commission has signed a Memorandum of Understanding (MoU) with the Bank of England, a reaffirmation of the relationship between the Guernsey regulator and the Prudential Regulation Authority (PRA). 18 April 2018
Accounting & tax analysis
When US Congress passed the Tax Cuts and Jobs Act, the captive insurance industry was left wondering how the changes would affect captive programmes. Niki Garceau and Daniel Kusaila of Crowe Horwath explore the impact of the new legislation. 16 April 2018
Analysis
Kansas governor Jeff Colyer has approved a bill that updates the state's captive insurance statutes and allows certain captive insurance companies in the State of Kansas. 16 April 2018
Analysis
Conyers Dill & Pearman has appointed Derek Stenson as a partner in the Cayman Islands corporate practice. 9 April 2018
Analysis
Morris, Manning & Martin has appointed partner Tony Roehl as co-chair of the law firm's insurance and reinsurance practicse. 9 April 2018
Accounting & tax analysis
The Internal Revenue Service (IRS) has concluded its annual "Dirty Dozen" list of tax scams for 2018, placing "abusive" microcaptives on there for the fourth consecutive year. 3 April 2018
Analysis
The UK Government is extending the terrorism cover offered through Pool Re to include non-damage business interruption (BI) losses that result from acts of terrorism. 28 March 2018
Accounting & tax analysis
Captive owners should not be concerned by the outcome of the Avrahami tax case despite indications that litigation against captives is increasing as a result. Captive owners confident they have formed their operations legitimately should be willing to fight any challenge. 14 March 2018
Analysis
In light of recent IRS scrutiny and pending case law decisions, the captive insurance industry must self-police and ensure it promotes industry best practices. 13 March 2018
Analysis
Vermont Governor Phil Scott has signed new captive insurance legislation which aims to strengthen Vermont’s captive law in a variety of areas. 12 March 2018
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