News
Accounting & tax analysis
One solution to funding for property damage caused by hurricanes is a captive insurance company. It can be treated as a real insurance company for tax purposes and help a company to save for a stormy day, says Jeffrey Kenneson of R&Q Captive Management. 20 October 2016
Accounting & tax analysis
Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin providing captive insurers guidance to make it easier to comply with the new requirements within the federal Protecting Americans from Tax Hikes (PATH) Act. 18 October 2016
Actuarial & underwriting
Cutts-Watson Consulting (CWC), a captive insurance advisory firm, has appointed Graham Powell as a consultant based in its Guernsey office, to strengthen its captive insurance offering. 17 October 2016
Accounting & tax analysis
Shumaker, Loop & Kendrick, a law firm, has appointed David Slenn as its estate planning, business planning and tax attorney. 14 October 2016
Law & regulation
US regulatory efforts to revise the statutory framework for variable annuities (VAs) to reduce non-economic volatility, shrink and/or eliminate the use of captives, promote sound risk management, and improve disclosure would be a positive development, according to a new report from Fitch Ratings. 10 October 2016
Law & regulation
Dentons, the global law firm, has appointed John J. Sarchio as a partner in the insurance regulatory practice. 10 October 2016
Law & regulation
Iroquois Captive Services has rebranded itself as ‘ICG Captive Services’. 10 October 2016
EMEA analysis
Guernsey Finance will host its first insurance masterclass in Hong Kong on November 4, 2016. 7 October 2016
Law & regulation
Advantage Insurance (Advantage), which provides customised insurance solutions for businesses and individuals, has announced the launch of its newest operating captive insurance subsidiary, Advantage Business Insurance Company II (ABIC), now located in Puerto Rico. 4 October 2016
EMEA analysis
The captive insurance industry needs to collectively up its game when it comes to protecting the client’s brand, Peter Mullen, CEO of Aon Captive and Insurance Management, told Captive International. 3 October 2016
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