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Alabama Captive Act passes first legislative leg
04 April 2016
Montgomery, Alabama Reporter Becky Butcher

The Alabama House of Representatives has unanimously passed a bill supported by the Alabama Captive Association to update and modernise the state’s captive legislation...

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Captive bill in final stages, says VCIA
01 April 2016
Burlington, Vermont Reporter Becky Butcher

The Vermont General Assembly is going through the final stages of passing the state’s latest captive bill, according to the VCIA...

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Captive payments fail risk shifting and distribution test
23 March 2016
New York Reporter Mark Dugdale

A convenience store and gas station operator’s payments to its captive insurance company did not meet rules on deductible insurance premiums, a New York tax court has ruled...

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OID aims to control its own fate
21 March 2016
Oklahoma City Reporter Mark Dugdale

The Oklahoma Insurance Department has asked the state legislature to stop providing it with appropriated funds...

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Budget 2016: increase to insurance premium tax
17 March 2016
London Reporter Becky Butcher

The UK is planning an increase in the standard rate of insurance premium tax (IPT) that will hit all insurers who provide non-exempt insurance cover for UK risk...

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UK opens up ILS framework to the floor
01 March 2016
London Reporter Mark Dugdale

The UK has opened a consultation on a new regulatory framework for insurance-linked securities business...

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EU targets reinsurance arrangements
29 January 2016
Brussels Reporter Mark Dugdale

The EU’s anti-base erosion and profit shifting proposals could have consequences for captives in Europe, as politicians pinpoint reinsurance arrangements as a means of unfair tax avoidance...

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