Tony Dowding
-
Captives
Bermuda’s negotiations with EU should not be affected by Brexit, says BMA
The Bermuda Monetary Authority (BMA) has said that Brexit should not impact Bermuda’s ability to successfully negotiate with the EU…
-
Captives
Vermont updates captive insurance legislation
Vermont has passed a bill designed to strengthen Vermont’s captive insurance legislation by introducing changes to the investment guideline in…
-
CRE Legal Regulation
Quebec compensation tax on insurers extended until 2022
The Quebec Economic Plan includes an extension of the compensation tax on financial institutions for another five years, designed to…
-
Asia
Labuan insurance industry reports growth in 2016
The Labuan insurance industry recorded positive growth in 2016, according to the Labuan International Business and Financial Centre’s (IBFC) latest…
-
CRE Insurance
ILS market continues its relentless expansion despite lower returns, says Willis Towers Watson Securities
Non-life insurance-linked securities (ILS) capital has continued to grow and is “firing on all cylinders in early 2017”, according to…
-
Asia
Ping An world’s most valuable insurance brand
The world’s most valuable insurance brand is Chinese insurer Ping An with a brand value of $16.3bn, according to a…
-
CRE Insurance
Investors may be put off insurance sector by Solvency II reporting requirements
Complex Solvency II reporting could lead to the insurance sector being further marginalised by investors, according to a report published…
-
Global Risk Manager
Certainty of coverage most common reason for global programme, Aon survey finds
The most common reason for purchasing a multinational insurance programme is certainty of coverage, followed by cost savings and statutory…
-
Asia
Chinese regulator warns insurers over liquidity risks, capital management and internal controls
The China Insurance Regulatory Commission (CIRC) has warned insurance companies that they must guard against liquidity risks with regular cash…
-
CRE Legal Regulation
Trump orders review of ‘systemically important financial institutions’ process
The US President, Donald Trump, has told the Treasury to put a temporary ban on identifying non-bank financial companies as…
-
Global Risk Manager
Very high level of global interest in forming captives in next five years, finds Aon survey
Organisations have reported a very high level of interest in forming a new captive or protected cell company (PCC) in…
-
Analysis & Opinion
A spotlight on global solutions for employee benefits
More and more large multinationals are realising that there is a significant opportunity to optimise their global employee benefits arrangements…
-
Asia
Hong Kong-listed Chinese P&C insurers see profits drop and slower premium growth
Hong-Kong listed Chinese property and casualty (P&C) insurers saw a deterioration in profits in 2016, according to Moody’s Investors Service.…
-
Global Risk Manager
Soft market conditions still favouring North American insurance buyers
North American insurance buyers can expect a favourable and stable commercial insurance market, despite potential changes from Washington, DC, which…
-
Asia
Global insurance industry to see stronger growth in 2018
The global insurance industry is expected to see nominal premium growth in 2017, but 3% growth in 2018, driven by…
-
CRE Insurance
Robust reinsurance market despite soft conditions says Willis Re
Reinsurers’ results for 2016 show that the reinsurance market is robust despite the continuing soft market conditions, according to Willis…
-
Captives
Cayman Islands insurance industry reports strong start to 2017
The Cayman Islands insurance industry has seen a “buoyant start to 2017”, with eight new insurer licences issued in the…
-
Asia
Malaysian insurance regulator may seek greater enforcement of foreign ownership cap
The regulator in Malaysia is reportedly looking at taking a stricter line on foreign ownership of insurers, according to Bloomberg.…
-
CRE Legal Regulation
US insurers urged to monitor tax reform proposals
Insurance companies in the US could face increased taxation and should closely monitor the debate over tax reform proposals and…
-
Asia
Head of Chinese insurance regulator dismissed in sector crackdown
The chairman of the China Insurance Regulatory Commission (CIRC) has been dismissed, following his investigation for “serious disciplinary violations”. According…