The concessions of the Internal Revenue Service in a legal challenge of a captive insurance company have been accepted by a judge in a US Tax Court before trial
Captive insurance and reinsurance management companies are specifically excluded from new guidance by the Central Bank of Ireland on the use of service companies for staffing purposes in the insurance sector
The Organisation for Economic Cooperation and Development has finalised its reform of the international tax system to ensure that multinational enterprises will be subject to a minimum tax rate of 15 per cent from 2023
The European Commission’s proposal to lower Solvency II capital charges for longer-term business will benefit the European insurance sector’s burgeoning interest in ESG investments, according to Fitch Ratings
The Financial Sector Conduct Authority and Prudential Authority of South Africa have released a joint guidance notice concerning the application of sections 5(1) and 5(2) of the Insurance Act
Washington’s Office of the Insurance Commissioner has proposed draft regulations for the implementation of its new captive insurance law
The accreditation scheme for managing ESG opportunities, risk and impact in Guernsey has attracted new insurance businesses to the island, according to Guernsey Finance