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Post-Brexit passporting could be a reality
17 January 2017
London Reporter Mark Dugdale

UK Prime Minister Theresa May’s desire for a “smooth and orderly” departure from the EU could mean some form of reciprocal passporting for captive owners writing insurance in and out of their respective jurisdictions...

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US and EU agree insurance deal
16 January 2017
Washington DC Reporter Becky Butcher

US insurers and reinsurers will now be able to compete in EU markets without having to meet Solvency II requirements, after the completion of a long-mooted covered agreement between the US and the EU...

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IRS extend Notice 2016-66 deadline
04 January 2017
Washington DC Reporter Becky Butcher

The Internal Revenue Service (IRS) has granted a 90-day extension the deadline for 831(b) captives that need to comply with the Notice 2016-66...

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GFSC updates rules for ILS
04 January 2017
St Peter Port Reporter Becky Butcher

The Guernsey Financial Services Commission (GFSC) has released a new set of rules to clarify the regulatory treatment of collaterised reinsurance, including insurance-linked securities (ILS)...

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Exclusive: Marsh supports FERMA's captive education
29 November 2016
London Reporter Becky Butcher

Marsh has commended the FERMA's efforts to create a constructive dialogue with the OECD about the role of captives in BEPS...

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Exclusive: Advisers should act now on Notice 2016-66
28 November 2016
Washington DC Reporter Becky Butcher

Advisers should not take a “wait and see” approach to the Internal Revenue Service’s (IRS) Notice 2016-66, according to Rachel Partain, member of law firm Caplin & Drysdale...

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UK opens up second set of ILS proposals
23 November 2016
London Reporter Becky Butcher

The UK government has released its second consultation on the implementation of an insurance-linked securities (ILS) regime...

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