The government of the Virgin Islands has welcomed the EU’s decision to name the British Virgin Islands as a fully compliant jurisdiction for tax purposes

The Alabama Captive Association’s sponsored bill to update the state’s captive insurance legislation passed unanimously in the House Insurance Committee on 19 February

AXA XL has appointed Scott Gunter as the new CEO after Greg Hendrick steps down from the role to take on other opportunities outside the company

Hippo has revealed plans to form its own captive to participate in the risk and underwriting profit

The Singapore government has revealed the Insurance Business Development umbrella scheme and the IBD captive insurance scheme has been extended until 31 December 2025

Bermuda has returned to the European Union’s ‘white list’ of fully cooperative tax jurisdiction for the first time since 2017

The Cayman Islands has been added to the European Council’s revised conclusions of the EU list of non-cooperative jurisdictions for tax purposes

The Self-Insurance Institute of America has suggested that the settlement figures released by the Internal Revenue Service earlier this month are “misleading”

Fleming Reinsurance has appointed Jim McNichols as the new chief actuarial officer

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

Troy University Sorrell College of Business professor Edward Pappanastos has been named scholar-in-residence for Arsenal Insurance Management, according to the official university blog

The Delaware Department of Insurance has revealed it licensed 56 captive insurance companies during 2019, up from 46 licenses in 2018