Accounting and Tax

Ryan Specialty releases Q1 2023 results

5 May 2023 The company saw net income increase and has hailed a strong start to the year.

RH CPAs promotes new audit manager

19 January 2023

SIIA opens registration for latest forum

16 January 2023

Latest Features

Accounting & tax analysis

Escalators, elevators, and interest rates—what’s next?

Captives must consider all the impacts that can be caused by interest rate fluctuations, inflation, and reinvestment, and one of the factors is duration, says Jack Meskunas, executive director–investments at Oppenheimer & Co.

Accounting & tax analysis

Defining insurance: a critique of the IRS test

Matthew Queen of Sherbrooke Captive Insurance makes the case that much of the IRS insurance test is flawed and needs to be rethought.

Accounting & tax analysis

Trebled damages against captive manager

Jay Adkisson of Adkisson Pitet provides a guide to the many twists and turns of the recent Sullivan v Feldman case in Texas, which has legal implications for captive owners.

Accounting & tax analysis

Inflation and captive analytics

Michelle Bradley and Enoch Starnes of SIGMA Actuarial Consulting Group take a look at the impact of inflation on captives.

Accounting & tax analysis

Lloyds Bank International launches Security Interest Agreement

In Guernsey, the insurance market has been a traditional offering with services including standby letters of credit, account opening services and deposit/notice accounts. However, as technology advances, so does business demand for further flexibility and updated product offerings.

Accounting & tax analysis

Analytical spring cleaning

The captive insurance industry faces a number of unique challenges in 2021, one of which has been to do with the assessment, budgeting and financing of losses, says SIGMA’s Lori Ussery.

Accounting & tax analysis

Tax considerations for captives owners in foreign jurisdictions

When starting a captive insurance company in a foreign jurisdiction such as the Cayman Islands or Bermuda, many prospective captive owners may be excited about the potential tax benefits. However, these tax benefits should never be a primary reason to form a captive, says Daniel Greaves of Grant Thornton.

Accounting & tax analysis

Tracking and analysing loss development for captives

There is a considerable amount of confusion about loss development factors and how they work. Enoch Starnes and Michelle Bradley of SIGMA Actuarial Consulting demystify loss development and explain why this knowledge is crucial for employees and board members of captives.

All Accounting & Tax features