The IRS has established a new office that will coordinate efforts across multiple business divisions to address abusive syndicated conservation easements and ‘abusive micro captive insurance arrangements’, according to IRS commissioner Chuck Rettig
SIIA says that while the IRS continues activities related to captive insurance, it must also move towards recognising what an appropriate structure is, and issue appropriate guidelines to that purpose
Guernsey has seen a surge of pension longevity risk transfer deals over the past 18 months which has continued through COVID-19, according to Guernsey Finance
The Qatar Financial Centre Authority has signed a memorandum of understanding with Labuan International Business and Financial Centre to develop long-term cooperation and boost economic and financial sector ties between the two financial centres
eMaxx Assurance Group of Companies has launched a customer centric technology platform for its variable cost captive programmes
The Internal Revenue Service has urged participants in ‘abusive micro captive insurance arrangements’ to exit these transactions as soon as possible
Simply Business has partnered with the National Association of Social Workers risk retention group to offer general and professional liability insurance solutions for social workers and allied health professionals