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CRS update has ramifications for Cayman captives
23 January 2017
Grand Cayman Reporter Becky Butcher

Captive insurance professionals need to be aware of certain points arising from the updated Common Reporting Standard Regulations, according to Lucy Frew, partner of Walkers Global...

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Texas to introduce a reinsurance structure
20 January 2017
Houston Reporter Becky Butcher

Texas has put forward a new captive bill, HB 1187, proposing the introduction of non-affiliated reinsurance, reciprocal captive structures in the state...

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Vermont proposes fresh changes to captive bill
19 January 2017
Burlington Reporter Becky Butcher

Vermont’s annual update of its captive legislation is underway, with a new bill introduced to the legislature this week...

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States ‘disappointed’ with EU-US insurance deal
17 January 2017
Washington DC Reporter Becky Butcher

National Association of Insurance Commissioners (NAIC) president Ted Nickel has described the covered agreement between the US and EU as “disappointing”...

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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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