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CCR Re sets up first French ILS instrument
28 March 2019
Paris Reporter Ned Holmes

French reinsurer CCR Re has set up the first ILS instrument governed by French law, 157 Re, which is also the first reinsurance sidecar vehicle to be domiciled in France

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US and Bermuda M&A activity sees significant rise in 2018
27 March 2019
Illinois Reporter Ned Holmes

M&A activity rose significantly in the US and Bermuda in 2018, according to a report from law firm Sidley Austin

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Bermuda sending team to Europe to discuss removal from EU blacklist
26 March 2019
Bermuda Reporter Ned Holmes

Bermuda is sending a team, led by premier David Burt and minister of finance Curtis Dickinson, to Europe for a series of meetings with the intent of laying the groundwork for Bermuda’s removal from the EU’s non-cooperative tax jurisdictions black

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European Commission approves Marsh JLT acquisition
25 March 2019
Brussels Reporter Ned Holmes

The European Commission has approved MMC’s acquisition of JLT Group, subject to conditions relating to JLT’s global Aerospace practice

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Labuan adds six new captives as premiums total $400.5m in 2018
25 March 2019
Labuan Reporter Ned Holmes

Labuan licensed six new captive insurance companies last year, as total gross premium grew to $400.5 million, according to figures from the Labuan IBFC

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Bermuda’s inclusion on EU blacklist a ‘technical issue’, claims premier
22 March 2019
Hamilton Reporter Barney Dixon

Bermuda’s inclusion on the EU’s updated blacklist on non-cooperative tax jurisdictions is a “technical issue” that will soon be remedied, according to Bermuda’s premier, Edward David Burt

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Micro captives listed on IRS dirty dozen list for fifth time
20 March 2019
Washington DC Reporter Ned Holmes

The IRS has listed micro captives on its dirty dozen list of "tax scams to avoid" for the fifth consecutive year

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