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Accounting & tax analysis
Swedish security services firm Securitas AB can deduct $88 million in expenses from a captive insurance arrangement, the US Tax Court has ruled. 3 November 2014
Law & regulation
The North Carolina Department of Insurance has licenced 29 captive insurance companies to date and is expecting many more to follow. 31 October 2014
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) has released a report outlining its latest update on captives in the Cayman Islands. 31 October 2014
Actuarial & underwriting
The Cayman Islands is the leading jurisdiction for healthcare captives, with healthcare captives representing 34 percent of all captives domiciled on Cayman. 30 October 2014
Actuarial & underwriting
The use of captives in Europe continues to increase, with 30 percent of all European risk managers, owners and non-owners of captives, planning to establish or expand use of a captive. 27 October 2014
Actuarial & underwriting
Management Services International (MSI) has redomesticated sixteen captives to North Carolina. 24 October 2014
Cayman analysis
A 31- strong Cayman delegation, including the Cayman Islands Premier, will be heading to Anaheim California to represent the jurisdiction’s captive insurance industry at the American Society for Healthcare Risk Management annual conference (ASHRM). 17 October 2014
Law & regulation
Ed Meehan, pioneer of captive insurance regulation in the United States, was honoured posthumously with an award from the National Risk Retention Association (NRRA). 7 October 2014
Accounting & tax analysis
Tax consultancy firm FiscalReps has launched a new product aimed at providing the US insurance industry with a single solution to manage all of its tax and regulatory compliance requirements. 6 October 2014
Law & regulation
The US Treasury’s Federal Insurance Office (FIO) is set to continue monitoring the issue of captive life reinsurance. 29 September 2014
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