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Analysis
The Hon. Craig Cannonier, the Premier of Bermuda, has said the island’s regulatory regime is committed to remaining flexible and competitive to make certain it remains the jurisdiction of choice for both the captive industry and the international re/insurance industry. 21 May 2013
Bermuda analysis
Bermuda welcomed a class 2 multi-owner captive and a long-term class B captive in April despite headwinds associated with the soft commercial market and pressure on offshore domiciles from the global taxman. 17 May 2013
Accounting & tax analysis
The Monetary Authority of Singapore (MAS) has announced its intention to “significantly” strengthen its framework for tax cooperation and ending cross-border tax offences. 16 May 2013
EMEA analysis
Marsh has appointed Neil Irwin to the lead the firm’s business development across the Middle East and North Africa (MENA) region. Irwin will be based in Dubai. 15 May 2013
Analysis
Tim Faries, a partner at Appleby Bermuda, told Captive International that bilateral tax agreements could be the key to attracting Latin American captive owners to the Island. 14 May 2013
Accounting & tax analysis
Guernsey has strengthened its international tax credentials with the signing of a double taxation agreement (DTA) with Luxembourg, the eighth full DTA signed by the Island. 13 May 2013
Analysis
As two captive insurance bills wind their way through the North Carolina state legislature, an association has formed to help them find their way. 13 May 2013
EMEA analysis
Towers Watson has named Michael Murphy managing director of its Risk Consulting and Software business in Europe, the Middle East and Africa (EMEA). 9 May 2013
Law & regulation
The NAIC will host the 6th annual International Insurance Forum in Washington, D.C. The two day forum will open on May 9th. 9 May 2013
Analysis
As captives continue to grow in popularity with small and mid-size companies—as outlined by a recent captive benchmarking study carried out by Marsh—deciding whether to self-insure, establish a captive or stick with the commercial markets is becoming an increasingly important decision for an ever-growing swathe of businesses. 8 May 2013
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