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Hong Kong government reduces tax to attract captives
05 March 2013
Hong Kong Reporter Jenna Jones

The Hong Kong government has proposed a 50 percent profits tax reduction on offshore insurance business of captive insurance companies to attract more business and encourage local employment...

Hong Kong captive is A-OK
25 February 2013
Hong Kong Reporter Jenna Jones

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” to Marble Reinsurance Corporation (Marble Re) based in the Federated State of Micronesia...

Labuan legislation causes interest
31 January 2013
Kuala Lumpur Reporter Jenna Jones

Legislations introduced by the Labuan International Business and Financial Centre (LIBFC) in 2010 have started to generate foreign interest...

Captives are the Caymans’ golden ticket
23 January 2013
George Town Reporter Georgina Lavers

The Cayman Islands Monetary Authority (CIMA) received 67 applications for new captive licenses in 2012, with 52 licenses granted...

A.M. Best A’s for Evergreen Re
21 December 2012
Hong Kong Reporter Jenna Jones

A.M. Best has awarded the financial strength rating of “A” (Excellent) and issuer credit rating of “a” to Bermuda-based Evergreen Reinsurance Company (ERCL). The outlook for both ratings is stable...

Offshore centres ranked by GFCI
26 September 2012
Qatar Reporter Georgina Lavers

The latest Global Financial Centres Index (GFCI), published by Long Finance and sponsored by the Qatar Financial Centre Authority saw London retaining...

Guy Carpenter approved by Shanghai
10 September 2012
Shanghai Reporter Georgina Lavers

Guy Carpenter & Company, a member of Marsh & McLennan, has received approval from the China Insurance Regulatory Commission (CIRC) to open a new branch office in Shanghai, China...

Qatar finance centre signs insurance agreement with IAIS
11 July 2012
Qatar Reporter Georgina Lavers

The Qatar Financial Centre Regulatory Authority has signed an information exchange agreement with the International Association of Insurance Supervisors (IAIS)...

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