Japanese-owned captive insurers remain a small fraction of the total number of captives globally, primarily due to the close relationship between the country's insurance companies and industrial groups, according to a new report from A.M. Best...
Miller Insurance has appointed Joe Ng to a reinsurance business production role ...
Willis Group Holdings has hired a new head to run its international division of its reinsurance business, Willis Re...
AM Best has downgraded the financial strength rating to A (Excellent) from A+ (Superior) and the issuer credit ratings (ICR) to “a+” from “aa-” for Risk Reinsurance (RRL). The outlook for both ratings is stable...
Hong Kong’s Legislative Council has passed Inland Revenue Bill 2013 (Amendment) (No. 3) in order to provide a tax concession for captive insurers to enjoy a 50 percent reduction in the profits tax on their insurance business of offshore risks...
A.M. Best Asia-Pacific has affirmed the financial strength rating of NEWGT Reinsurance Company...
Hong Kong has been making a recent, concerted push to develop its status as a captive domicile...
More than 2,400 business leaders and senior government officials are have attended the first day of the seventh Asian Financial Forum in Hong Kong...
