GRM Captives
-
New president for Captive Insurance Companies Association
Dan Towle has been appointed the new president of the Captive Insurance Companies Association (CICA). He is currently director of…
-
Hong Kong looks to establish itself as reinsurance and captive hub
The Hong Kong Financial Services Development Council (FSDC) has released a report which calls for action to be taken to…
-
Unlock the potential of multinational pooling and employee benefit captives – Willis Towers Watson
The use of multinational pooling and employee benefit captives is delivering cost savings to companies, and companies not actively managing…
-
Labuan to intensify its efforts on the captive sector in 2017
Captive insurance is one of the niche sectors where the Labuan International Business and Financial Centre (Labuan IBFC) is expected…
-
Changes to TRIPRA in US will impact captives in 2017
Changes to the 2015 US Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), such as raising the programme trigger and increasing…
-
EC recognises strength of Cayman Islands’ tax transparency regime
The European Commission (EC) has recognised the strength of the Cayman Islands’ tax transparency regime, as well as Cayman’s participation…
-
New figures show Bermuda remains leading captive domicile
Bermuda licensed 13 new captives in 2016, bringing the total number of active captive licences to 776 as at 31…
-
Tennessee reports record year for captive licences
Tennessee licenced a record 104 risk-bearing entities in 2016, comprising 30 pure captives, five protected cell companies, one association captive,…
-
Ferma and Ifrima step up campaign to defend captives to OECD
The European and international risk management community has invited Pascal Saint-Amans, director of the centre for tax policy and administration at…
-
Aon reports increasing sophistication of Asian captives
Captive owners in Asia are showing an unprecedented level of sophistication and increasing their captives’ involvement in non-traditional lines, according…
-
Vermont reports continued growth in captives in 2016
Vermont licensed 26 new captive insurance companies in 2016, down slightly from the 33 captives licensed in 2015, according to…
-
Charles Taylor opens captive services office in Panama
Charles Taylor, a provider of professional services to the insurance sector, has opened an office in Panama to market captive…
-
EIOPA and Bermuda regulator sign memorandum of understanding
The European Insurance and Occupational Pensions Authority (EIOPA) and the Bermuda Monetary Authority (BMA) have signed a memorandum of understanding…
-
Luxembourg looking at cell legislation possibilities
Luxembourg is believed to be looking at the potential for cell captive legislation, according to the recent Captive Survey 2016…
-
Captive use to increase with emerging risks a target
Europe's risk managers plan to make more use of their captives despite the continued soft market conditions and are open…
-
Ferma meets with OECD over captives and BEPS
Ferma has had a meeting with three senior executives from the OECD held in Paris as it continues to argue…
-
Insurance Ireland and DIMA to merge
Insurance Ireland and the Dublin International Insurance & Management Association (DIMA) are to merge in 2017 to bring together the…
-
Oxfam lists captive domiciles as tax havens
Bermuda, the Cayman Islands, Singapore, Ireland and Luxembourg are among the world's 15 "worst" corporate tax havens, according to new…
-
Malta captives focusing on bespoke policies and emerging risks
Owners of captives and cells in Malta are increasingly focused upon bespoke policies and emerging risks such as cyber, according…
-
Labuan to reposition and boost financial centre
The Labuan International Business and Financial Centre (IBFC) is to carry out a review of how it can reposition itself. Malaysia’s…
