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Minnesota direct procurement tax changes to include captive insurers
04 September 2020
Minnesota Reporter Becky Bellamy

In addition to surplus lines policies purchased directly from non-admitted insurance companies, premiums paid to a captive insurance company must also be reported on Form IG255

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EU launches consultation on Solvency II review
01 July 2020
Brussels Reporter Maria Ward-Brennan

The European Commission has launched a public consultation on the review of the EU's prudential rules for insurance and reinsurance companies, known as the Solvency II Directive

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ABA requests FHFA to overturn ban on captives
24 June 2020
Washington DC Reporter Maria Ward-Brennan

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting for them to overturn its decision on banning captive insurance companies from its membership

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ABA requests FHFA to overturn ban on captives
24 June 2020
Washington DC Reporter Maria Ward-Brennan

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting them to overturn its decision on banning captive insurance companies from its membership

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SIIA advocated for captive participation in the Pandemic Risk Insurance Act
04 June
Washington DC Reporter Maria Ward-Brennan

The Self-Insurance Institute of America advocated for the Pandemic Risk Insurance Act of 2020 (PRIA) to include captive insurance participation in its early stages, according to Ryan Work, vice president of government relations for SIIA

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Arizona joins captive associations in addressing IRS letter
04 May 2020
Arizona Reporter Maria Ward-Brennan

The Arizona Captive Insurance Association has issued a letter to Arizona’s congressional delegation in response to the Internal Revenue Service’s letter sent to micro-captive insurance company owners

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OECD releases BEPS transfer pricing guidance
17 February 2020
Paris Reporter Becky Bellamy

OECD has released transfer pricing guidance on financial transactions, developed as part of Actions 4, 8-10 of the BEPS Action Plan

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