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...
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...
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...
A.M. Best Asia Pacific Ltd is the first rating agency to be approved by the Reserve Bank of New Zealand under the conditions of the Insurance (Prudential Supervision) Act 2010. The registration became effective on April 15, 2011.....