The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...
Legislation to clarify the Non-admitted and Reinsurance Reform Act so that it explicitly excludes captives has been reintroduced in the US Senate...
Texas governor Greg Abbott has signed SB 667 into law, enabling captives to pool risk and gain credit for reinsurance to an affiliate...
The European Commission has adopted its initial third country equivalence decisions under Solvency II...
As of 1 July 2015, Utah’s captive code will include language specifically addressing the use of LLCs as a type of captive formation, following its most recent legislative session...
CICA has submitted a response to the IRS in objection to the proposed definition of “active conduct” in its Exception from Passive Income for Certain Foreign Companies...
Vermont is to sign new legislation strengthening the state’s captive legislation in a variety of areas including changes to the investment guidelines...