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Governmental interest in IPT revenues is rising

The introduction of insurance premium taxes (IPT) by Hungary and Denmark confirms that European governments are targeting insurance for tax revenue...

Europe considers captive insurance, says Aon

Organisations in central and Eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance, according to the annual client symposium...

CPA Mutual Insurance opts for SunGard iWorks

CPA Mutual Insurance Company of America Risk Retention Group (CPA), a member-owned captive insurance company, has selected SunGard’s iWorks enterprise accounting system (EAS) and statutory statement solution...

Guernsey’s revised zero-10 regime gets EU approval

Guernsey’s revised corporate tax regime, zero-10 has been given approval by the EU...

Guernsey’s TIEAs total 37

Guernsey has signed tax information exchange agreements (TIEAs) with Italy and Latvia, taking the number of TIEAs signed by Guernsey to 37...

Sorford Surety Insurance gets rating affirmation

A.M. Best has given a financial strength rating of "B (Fair)" and issuer credit rating of “bb+” to Sorford Surety Insurance Company. The outlook for both ratings is stable...

NAIC adopts RMORSA Model Act

The National Association of Insurance Commissioners (NAIC) executive committee and plenary have implemented the US Risk Management and Own Risk and Solvency Assessment Model Act (RMORSA)...

SPARTA recruits new president and COO

Specialty Program and Risk Transfer Alternatives Insurance Company (SPARTA) has appointed Ralph Jones as president and chief operating officer...

Sinclair Risk joins Vermont captive association

Sinclair Risk & Financial Management has become a member of the Vermont Captive Insurance Association (VCIA). Sinclair is an independent insurance...

Chester succeeds Bacon as CEO of Bowring Marsh

Marsh has appointed Andrew Chester as CEO of Bowring Marsh, Marsh’s specialist international placement broking division...

NRRA celebrates 25 years

At its annual conference, the National Risk Retention Association (NRRA) will mark 25 years defending risk retention groups (RRG) and purchasing groups (PG)...

A.M. Best rates AmerInst Insurance Company as 'A- excellent'

A.M. Best has affirmed the financial strength rating of AmerInst Insurance Company as "A- (excellent)" along with its issuer credit rating (ICR) as “a-”...

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