News
Accounting & tax analysis
The tax advantages of international captives may decrease as a result of The Tax Cuts and Jobs Act, which may in turn lead to decreased usage, according to George Hansen, senior industry research analyst at AM Best. 12 January 2018
Analysis
Labuan International Business and Financial Centre (Labuan IBFC) held a session on January 10 aimed at updating market intermediaries on the strategic direction of the Centre in 2018. 12 January 2018
Analysis
Puerto Rico is working on its strategy to become the ‘Singapore of the West’, explains David Kirkup, CFO and COO of Captive Alternatives. 12 January 2018
Analysis
Willis Towers Watson has appointed Alex Steele and Russell Nicholson to its Guernsey financial institutions practice. 11 January 2018
Analysis
Acrisure, an insurance broker which has agency partners that offer insight and guidance for prospective captive owners, has reached an agreement to acquire 100 percent of re/insurance intermediary Beach & Associates’ equity from existing shareholders. 10 January 2018
Analysis
Captive management firm Strategic Risk Solutions Europe has appointed Annette Heaney as associate director and head of finance Europe. 10 January 2018
Analysis
The State of Vermont licensed 24 new captives in 2017, bringing its total to 1,112, with 566 active captive insurance companies. 9 January 2018
Analysis
The managing director of Aon's Global Risk Consulting team in Ireland, Alastair Nicoll, has relocated from Dublin to Singapore to lead Aon's captive business in Asia Pacific. 9 January 2018
Accounting & tax analysis
The Tax Cuts and Jobs Act of 2017 introduced by the Trump administration includes provisions affecting captives and risk retention groups (RRGs), and they should therefore contact their tax advisor to learn how it may affect them, according to captive management and consulting company JLT Insurance Management (USA). 9 January 2018
Analysis
Randall & Quilter (R&Q) group chief financial officer (CFO) Tom Booth has resigned as a director with immediate effect and will be leaving R&Q group effective June 30 to pursue alternative opportunities. 8 January 2018
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