News
Analysis
Ahead of the Bermuda Captive Conference in June, one of the captives industry’s best-attended events globally, Captive International sought the views of Jeremy Cox of the Bermuda Monetary Authority and Premier David Burt to assess how they characterise the Island’s enduring appeal for captives. 21 May 2018
Accounting & tax analysis
The State of Vermont has passed new legislation offering an onshore affiliated reinsurance alternative to insurers affected by the recent imposition of the Base Erosion Anti-Abuse Tax (BEAT) on reinsurance ceded to offshore affiliates. 17 May 2018
Analysis
The captive insurance industry has welcomed a recent ruling by The Georgia Supreme Court in favour of a risk retention group (RRG) has prevented the state's insurance authorities from circumventing federal regulations. 16 May 2018
Analysis
The Connecticut General Assembly has passed a bill that would allow licensed insurance agents to establish an agency captive insurance company to insure against risks covered by the policies they sell, subject to specified conditions. 14 May 2018
Analysis
The Washington State Office of the Insurance Commissioner has issued a cease & desist order against Microsoft to stop using its Arizona-domiciled captive, Cypress Insurance, to directly insure its parent. 14 May 2018
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
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