Industry professionals called for proportionality and harmonisation in the implementation and enforcement of Solvency II in a panel discussion at the European Captive Conference in Luxembourg...
A one-size-fits-all application of Solvency II to captives should be replaced with a tailored regime, according to Annick Felten, member of Luxembourg’s insurance supervisor, the Commissariat aux Assurances...
The US Court of Appeals for the Ninth Circuit has upheld the federal Liability Risk Retention Act (LRRA) preemption status, in Attorneys Liability Protection Society (ALPS) v Ingaldson Fitzgerald...
The US Treasury and the Internal Revenue Service are seeking feedback on which 831(b) arrangements should be identified specifically as a tax avoidance transaction...
The Self-Insurance Institute of America (SIIA), in collaboration with 15 state captive insurance associations, has requested guidance and clarification around the PATH Act revisions to Section 831(b)...
The US Court of Appeals for the District of Columbia Circuit has overruled the Consumer Financial Protection Bureau’s (CFPB) decision to prohibit PHH Corporation’s captive reinsurance arrangement...
Delaware insurance commissioner Karen Weldin Stewart has provided guidance to make it easier for captive insurers to comply with new requirements within the federal PATH Act...
