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Accounting & tax analysis
Clients that have parent companies with headquarters or operating units in Washington state should consult their tax professionals following the settlement of the case involving Microsoft’s Arizona-based captive being issued a cease & desist letter, warns JLT Insurance Management (JLT IM). 20 August 2018
Actuarial & underwriting
Insurance brokerage Hub International has introduced cannabis insurance and risk services, an offering under its agribusiness and farm specialty practice, to provide medical and recreational cannabis producers, distributors and retailers protection and solutions to reduce risks within their operations. 20 August 2018
EMEA analysis
Randall & Quilter Investment Holdings has announced that its wholly-owned European subsidiary R&Q Insurance (Malta) has signed three new program underwriting partnerships with European managing general agents (MGAs). 16 August 2018
Analysis
The Cayman Islands Monetary Authority (CIMA) has signed a memorandum of understanding (MOU) with The National Association of Insurance Commissioners (NAIC). 15 August 2018
Analysis
The OECD’s latest proposed changes to international tax law take aim at multinational enterprises and intra-group transactions. But what do they mean for the industry? JLT Insurance Management’s Kiki Oyemhen and Alexandra Gedge break it down. 15 August 2018
Actuarial & underwriting
A risk-reward model, strong risk management and member engagement are all key to the success of a medical stop loss group captive, as Joe Parrilli and Jim Merkel of Captive Resources explain to US Captive. 15 August 2018
Analysis
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Delvag, the captive insurer for Lufthansa. 13 August 2018
Analysis
The Vermont regulator does not feel it can license a captive insurance company writing cannabis business while the substance remains listed as a Schedule 1 drug under the US federal Controlled Substances Act, although its biggest concern is the willingness of banks to be involved in this sector. 10 August 2018
Analysis
Some companies offering autonomous vehicle solutions may reach a size whereby they will benefit from cost-saving advantages if they create their own captive to manage the business, as opposed to insuring it in the commercial insurance market. 10 August 2018
Analysis
Unique and emerging risks can make the traditional insurance industry nervous and slow to react, whereas captives can be faster to step in and provide coverage. 10 August 2018
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