Compliant international programmes

Compliant international programmes

Compliant international programmes

In a recent impassioned speech to risk managers and service providers, Guenter Droese, chairman of ECIROA (the European Captive Insurance and Reinsurance Owners’ Association) and Head of Insurance at Deutsche Bank, called on insurers and brokers to back ECIROA in its proposals to the International Association of Insurance Supervisors (IAIS) which call for acceptance of the application of excess cover in all countries.

Editor’s comment – Risk managers’ Xmas list for Santa

Editor’s comment – Risk managers’ Xmas list for Santa

Editor’s comment – Risk managers’ Xmas list for Santa

December is here, snow may be on its way for some of us, and the Festive Season is fast approaching. And at this time of recession, financial crisis and economic difficulties, we mustn’t forget what Christmas is really about (final preparations for insurance renewals?). It is about wish lists and New Year’s Resolutions. So what will risk managers ask Santa Claus for this Christmas?

Tax and regulatory news

Tax and regulatory news

Tax and regulatory news

New insurance premium tax regime for Hungary, Qatar to set up single regulatory authority, Dutch IPT plans change again, Guernsey’s zero-10 regime approved by the EU, Germany changes IPT compliance regime, Italy joins IAIS’ information exchange agreement, Global tax changes round-up, Spanish provinces change regional Insurance Premium Tax, Greece makes significant changes to the taxation of motor business, OECD report shows lower tax revenues in Latin America, Denmark replaces stamp duty on non-life insurance with tax, British Columbia and Quebec move to new tax regime and impact of the US Dodd-Frank Act on captive owners.

News in brief

News in brief

News in brief

Colombian insurance industry thriving, says AM Best, broker consolidation in Australia, Canada and South Africa, Chartis Europe changes name back to AIG Europe, insurers call for ‘minimum harmonisation’ approach to nat cats, time running out for flood agreement, says S&P and European environmental fund opposed by insurers and buyers.

Martin Strnad – Essential ingredients for a global non-admitted insurance business data base

Martin Strnad – Essential ingredients for a global non-admitted insurance business data base

Martin Strnad – Essential ingredients for a global non-admitted insurance business data base

The focus on legal, regulatory and tax requirements for doing insurance business abroad is increasing all the time. In particular, tax requirements in many countries around the globe seem to be enforced in a much stricter way than maybe a decade ago.