 |
Cayman Touts Insurance Industry Offering In America 5/17/2012 A delegation from the Cayman Islands insurance industry attended the 50th Annual
Risk and Insurance Management Society conference held last month, to promote the
jurisdiction's position as a growing domicile for captive insurance companies.
|
 |
Bermuda Financial Services Conference Hailed Success 4/30/2012 Bermuda has welcomed the success of the Annual Bermuda Financial Services Conference,
held in London on April 24, 2012, which attracted an audience of more than 260 leading lawyers,
accountants and financial services executives.
|
 |
Captive Insurers Increasingly Staying Onshore 4/20/2012 Corporates are more likely to form new captive insurance entities in onshore
territories, such as in the United States and the European Union, and to opt for alternative captive structures, according to the findings of a new
report.
|
 |
Guernsey Is Europe's Captive Domicile Of Choice 3/22/2012 Newly-published research from Business Insurance magazine shows that Guernsey
has extended its position as the largest captive insurance domicile in Europe
and remains number four globally.
|
 |
Captive Insurers Flock To Cayman Islands 2/14/2012 The number of captive insurance companies formed in the Cayman Islands increased
markedly during 2011, a trend that is expected to continue into 2012, according
to Cindy Scotland, the Managing Director of the Cayman Islands' Monetary Authority.
|
 |
Guernsey Reports Inflow Of Insurance Companies 1/18/2012 The number of insurance licenses issued in Guernsey last year rose more than
50% compared to the previous 12 months, the Guernsey Finance Services Commission has reported.
|
 |
Guernsey Structure Employed In UK Mortgage Scheme 1/12/2012 Guernsey’s Protected Cell Company legislation will be used to create an insurance company which will underpin a new scheme being introduced in the United Kingdom to allow lenders to offer larger mortgages to home buyers.
|
 |
IOM Promotes Island's Captive Insurance Capabilities 11/8/2011 The Isle of Man Captive Association recently attended the Federation of European
Risk Management Association Conference in Stockholm as part of ongoing
efforts to promote the island as the captive insurance domicile of choice.
|
|
Cayman Captive Insurance Market Grows 11/3/2011 The Cayman Islands Monetary Authority has reported a 93% increase in captive insurance company formations during the first nine months of 2011 compared to the same period in 2010.
|
 |
Labuan Attracts Captive Insurance Business 10/21/2011 Its Chief Executive Officer David Kinloch has said that the attractions of the
Labuan International Business and Financial Centre for captive insurance
companies are increasingly being recognized, and the sector is expected to expand
significantly next year.
|
 |
Guernsey Tops Europe In Specialist Finance Centre Index 10/4/2011 Guernsey has been rated highly in the latest index of specialist finance centres,
as published by trade title The Banker, securing second position globally and the top spot in Europe.
|
 |
Qatar Becoming A Financial Force To Be Reckoned With 9/29/2011 Qatar has kept its position of 30th place in the recently published Global Financial Centres Index, however it has risen 39 points to rank as the leading centre in the Middle East for the first time.
|
|
IoM Introduces Incorporated Cell Company Form 9/15/2011 Financial services providers and prospective captive insurers in the Isle of Man
will benefit from new incorporated cell companies legislation being introduced
by the Isle of Man government.
|
 |
Guernsey Praised In Captive Insurance Report 8/31/2011 Guernsey’s position as one of the leading captive insurance domiciles globally
has been reinforced by the results of a new study into the sector.
|
 |
Bermuda Insurance Company Registrations Up 8/29/2011 The pace of insurance company registration in Bermuda has picked up, bolstered in the main by a rise in special purpose insurers.
|
|
BMA Publishes 2010 Annual Report 7/29/2011 Bermuda's regulatory authority has released figures on the fund, insurance and banking sectors for the 2010 year.
|
 |
Industry Backs Jersey's Solvency II Decision 7/29/2011 The Jersey Financial Services Commission has released a statement outlining its position with regard to
the capital standard for insurance and reinsurance companies, Solvency II,
which is expected to be introduced in the European Union in 2013.
|
|
Qatar Releases Captive Insurance Rules 7/7/2011 The Qatar Financial Centre Regulatory Authority has released the Captive Insurance Business Rules 2011 and Insurance Mediation Business Rules 2011.
|
 |
Solvency II To Transform EU Captive Industry 5/20/2011 Increased regulatory requirements due to be enforced under Solvency II will change the captive insurance market environment dramatically, with regulatory capital requirements likely to increase by as much as four-fold for European Union domiciled captives, according to recent findings.
|
|
Guernsey To Capitalize On Solvency II Decision 5/18/2011 Following Guernsey's decision not to seek equivalence under Solvency II, the
jurisdiction plans to hold an event to showcase the decision's potential benefits
for the island as a captive insurance domicile.
|
 |
Liechtenstein Regrets EFTA Captives Ruling 5/13/2011 Liechtenstein’s government has acknowledged the recent ruling by the European
Free Trade Association Court of Justice that its 1998-2010 taxation of
captive insurance companies constituted unlawful state aid.
|
 |
Onshore Domiciles Attract Captive Formation 5/6/2011 Companies are increasingly looking to onshore US domiciles when choosing to form captive insurance firms, the aggregate premium levels of which have increased substantially, according to a new report by the insurance broker and risk adviser Marsh.
|
|
Bermuda Issues Q4 2010 Financial Services Data 5/2/2011 The Bermuda Monetary Authority has released its latest regulatory update, containing figures for the final quarter of 2010, and providing year-on-year statistics in respect of the island's financial services industry.
|
 |
Guernsey Captive Insurance Industry Growing In Appeal 5/2/2011 Guernsey’s decision not to seek equivalence with Solvency II will act
as a differentiator that encourages increasing numbers of captives to domicile
in the Island, according to Aon Insurance Managers.
|
|
Qatar Financial Centre Issues Captive Insurance Rulebooks 4/20/2011 The QFC Regulatory Authority has published two Consultation Papers that describe
changes to the regulatory environment for captive insurers, captive managers
and insurance intermediaries operating in and from the Qatar Financial Centre.
|
 |
Cayman Finance Appoints Interim Chairman 2/21/2011 Cayman Finance – the promotional agency for the islands' financial services industry - has announced the appointment of an Interim Chairman, in Roy McTaggart, to replace the outgoing Chairman Anthony Travers, with immediate effect.
|
 |
Mexican Tax Change To Boost Bermudian Business 2/11/2011 A change in Mexico's tax laws will benefit Bermudian entities doing business in the Central American country, particularly those in the insurance sector, says Bermuda's Prime Minister Paula Cox.
|
|
Guernsey Not Adopting Solvency II Framework 1/26/2011 Guernsey authorities have announced that there are no plans for the island to
seek equivalence under the European Union’s proposed Solvency II framework.
|
 |
New Jersey Approves Captive Bill 11/8/2010 The New Jersey Assembly has approved the final version of a bill that can make the US state a captive insurance domicile. Bill A2360 was approved by the full assembly with bipartisan support. The bill now awaits action by the Senate.
|
|
Opportunities In India For Guernsey 10/27/2010 Guernsey’s finance industry has significant opportunities to win business
in India, according to Peter Niven, Chief Executive of Guernsey Finance –
the promotional agency for the Island’s finance industry.
|
|
Qatar Financial Centre Enacts New Tax Regime 10/13/2010 The Qatar Financial Centre Authority has announced the publication of regulations giving effect to the beneficial tax regime within the Qatar Financial Centre.
|
 |
Vermont Issues 900th Captive License 8/16/2010 The State of Vermont has issued its 900th captive insurance company license to Lincoln Financial Group, according to the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISHCA).
|
|
Vermont Licenses 17 More Captives 7/23/2010 The State of Vermont’s captive insurance sector has had a good first half of 2010, licensing 17 new captive insurance companies as the state approaches the 900-license milestone.
|
 |
Qatar Gives Boost To Captive Insurance 7/13/2010 The Qatar Finance Centre Regulatory Authority has released a Consultation Paper on a series of proposals designed to develop a base in Qatar for captives and includes related proposals for protected cell companies' and insurance intermediaries' regimes.
|
|
Bermuda, Bahrain Explore Economic Synergies 7/5/2010 Bermuda and Bahrain have agreed to work together to develop a multi-faceted relationship
and to explore numerous opportunities covering investment, insurance and re-insurance,
following the signing, earlier this year, of a convention for the avoidance of
double tax and fiscal evasion, Bermuda Finance Minister Paula Cox has announced.
|
|
Milestone Reached For Bermuda Insurance 7/5/2010 The Bermuda Monetary Authority has begun conducting a pilot
of its internal capital model review process with selected Class 4 firms,
the largest commercial (re)insurers in the Bermuda market, in what is being regarded as an important milestone in the jurisdiction's Solvency II equivalency roadmap.
|
|
Marsh Advise How To Capitalize On Captives 6/16/2010 As organizations worldwide contend with challenging market conditions, those with captive insurance companies are examining a full range of opportunities to put surplus capital to work within their businesses.
|
|
Captive Industry Guidelines Released 5/26/2010 Service providers in the captive insurance industry worldwide now have the benefit of a new set of best practice guidelines that the Cayman Islands Monetary Authority has contributed to developing.
|
 |
Delaware Updates Captive Insurance Statutes 5/19/2010 A bill has completed its journey through the Delaware General Assembly to update the state's captive insurance legislation.
|
 |
SA To Review Offshore Insurance Issues 5/14/2010 The South African Treasury has announced an ongoing review of tax issues relating to offshore captives and protected cell companies.
|
|
New Jersey Unveils Captive Insurance Initiative 5/13/2010 Department of Banking and Insurance Commissioner Tom Considine has announced the planned introduction of legislation in New Jersey, consisting of two bills that are intended to create a captive insurance market and to promote growth in the reinsurance market.
|
|
Captives Put Surplus Capital To Work 5/6/2010 Firms with captive insurance companies are examining a full range of opportunities to put surplus capital to work within their organizations, according to a new report published by professional services firm Marsh.
|
 |
Heritage Performs Landmark PCC Merger 3/26/2010 Heritage Insurance Management in Guernsey has achieved a worldwide first by
amalgamating two Protected Cell Companies.
|
 |
Guernsey Leads In Captive Insurance 3/24/2010 Two new studies have reaffirmed Guernsey’s position as the leading captive
insurance centre in Europe, and among the top four in the world.
|
Page 1
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
