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- Some British Virgin Islands captives draw IRS heat.(Spotlight)
- Byline: DOUGLAS McLEOD TORTOLA, British Virgin Islands-The British Virgin Islands' captive industry continued to expand last year despite a potential threat to one of its primary sources of new business. The U.S. Internal Revenue Service announc Byline: DOUGLAS McLEOD ...
- Research articles 2003-03-10
- 2005 to see its share of captive controversies: GAO evaluation, TRIA debate, Spitzer probe, softening market will all have impact.(Alternative Markets)(Terrorism Risk Insurance Act of 2002)
- WHILE IT'S STILL TOO EARLY to ring in the New Year, it is never too early to start planning for it. In 2005, the alternative risk-transfer community will be confronted by a variety of issues and developments, some of which are perking along already. WHILE...
- Research articles 2004-12-13
- Turks & Caicos Islands: Domicile loses nine captives; Turks & Caicos also works to avoid OECD label of tax haven.(Brief Article)
- PROVIDENCIALES, Turks & Caicos Islands-Captive insurance development stagnated in the Turks & Caicos Islands last year, in large part because of the effects of soft commercial insurance pricing, according to Harold Wong, the domicile's superi PROVIDENCIALES, Turks & Caicos Islands-Captive insurance development stagnated in the...
- Research articles 2001-04-30
- Turks & Caicos reorganizes regulatory structure.(Spotlight)
- Byline: DOUGLAS McLEOD GRAND TURK, Turks & Caicos Islands-The Turks & Caicos Islands saw further growth in its captive insurance sector last year as the government revamped its regulatory structure, the islands' insurance regulator reports Byline: DOUGLAS McLEOD GRAND TURK,...
- Research articles 2003-03-10
- Hawaii witnesses resurgence in captive activity.
- HONOLULU -- Hawaii's captive industry has burst out of a growth slump, adding a record 11 new captives in 1999. That easily eclipsed the state's prior record, which was set in 1993 when Hawaii licensed eight captives, said Craig Watanabe, captive HONOLULU...
- Research articles 2000-05-01
- DUCHY'S GENEROUS TAX-FREE RESERVES UNDER SCRUTINY.(captive insurance companies static in Luxembourg; European Commission investigating special tax regimes)
- LUXEMBOURG -- Captive numbers in Luxembourg remained static in 1998, reflecting little change across the domicile. Constant captive numbers of 220 licensed in the domicile mask a little bit of underlying activity, said Insurance Commissioner Victor LUXEMBOURG -- Captive numbers in Luxembourg remained static...
- Research articles 1999-04-12
Additional Resources
- Fitch: Bermuda Insurance and Insurance Market Thriving Amid Turmoil
- NEW YORK -- Fitch Ratings stated in a Special Report today that Bermuda continues to develop as a thriving domicile for reinsurance organizations, attributable to an attractive regulatory and tax environment, an accumulation of investment capital and underwriting talent, and innovative approaches to risk management. Fitch's report also delves into...
- Research articles 2008-03-03
- Cayman and Bermuda not the only ACE place: political currents force ACE to redomesticate from Caribbean locations to Zurich, the commercial center of a landlocked nation. Others could be in line to do the same
- [ILLUSTRATION OMITTED] Later this summer, the Bermuda insurance market will shrink significantly. It will be the first time that this has happened in 60 years. Few jobs will be lost, no business written from Bermuda will be written elsewhere, at least initially, but Bermuda will experience a dip...
- Research articles 2008-06-01
- CMG Considers Internal Merger, Domicile Change
- CUNA Mutual Group is exploring a merger that would unite its CUNA Mutual Life Insurance Company CUNA Mutual Life in Waverly, Iowa, and its CUNA Mutual Insurance Society CUMIS here, and changing the company's state of domicile to Iowa. The two moves ar CUNA Mutual Group is exploring a merger...
- Research articles 2006-12-04
- Hard market fuels growth at largest captive domicile.
- HAMILTON, Bermuda-A busy year became much busier last fall for Bermuda's captive managers. Captive inquiries have poured into the domicile since Sept. 11 as insurance buyers search for alternatives to high rates in the commercial market. And capti HAMILTON, Bermuda-A busy year became...
- Research articles 2002-02-04
- Captive formations slow in world's largest domicile; Competition from other domiciles, affordable traditional coverage cited.(Spotlight)
- Byline: MICHAEL BRADFORD HAMILTON, Bermuda-The largest captive domicile in the world is not-when it comes to new formations-the busiest. Captive insurance company formations in Bermuda are little changed from a year ago, and there is not much to Byline: MICHAEL BRADFORD...
- Research articles 2005-03-07
- Hardening market may boost Bermuda captives.(spotlight on captive insurance companies)
- Byline: RUPAL PAREKH HAMILTON, Bermuda-The world's largest captive domicile saw captive numbers dip in 2005 as a result of softening commercial rates and competition from other domiciles. Although commercial property insurance rates surged in se Byline: RUPAL PAREKH ...
- Research articles 2006-03-06
- Vt. Passes New Captive Law.(captive insurance)(Brief Article)
- Vermont is celebrating its 20th year as a domicile for captive insurers with something even better than fireworks--new captive legislation. "Everything passed the Senate and the House," said Len Crouse, director of captive insurance in t Vermont is celebrating its 20th year as...
- Research articles 2001-06-11
- Turks & Caicos sees little impact from IRS actions.(Spotlight: Self-Insurance Captive Management)
- Byline: DOUGLAS McLEOD GRAND TURK, Turks & Caicos Islands-The Turks & Caicos Islands' captive industry saw steady growth last year and is expected to continue expanding slowly in 2004. The domicile saw a net increase of 16 captives last Byline:...
- Research articles 2004-03-15
- Amid flat growth, Bermuda aims for broader appeal.(Spotlight: Self-Insurance Captive Management)(Bermuda Monetary Authority's )
- Byline: MICHAEL BRADFORD HAMILTON, Bermuda-Bermuda, despite its image as a sophisticated and pricey domicile, is attracting a larger share of smaller captive owners to the neighborhood that historically has been the home of some very large players Byline: MICHAEL BRADFORD ...
- Research articles 2004-03-15
- KEMPES, Inc. Acquires Specialty National Insurance Company as Admitted Carrier; Victoria Roberts Named Sr. Vice President and General Counsel
- LONG GROVE, Ill.--BUSINESS WIRE--Sept. 29, 1999-- KEMPES, Inc., a Kemper Insurance company that provides program managers and specialty agents with one-stop access to professional liability, property-casualty and public entity-related program business, has acquired the Specialty National Insurance Company, formerly the Calvert Insurance Company, as an admitted carrier. Specialty...
- Research articles 1999-09-29
- A.M. Best Affirms Ratings of American Fidelity Assurance Company and American Public Life Insurance Company; Revises Outlook to Negative
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and issuer credit rating ICR of "aa-" of American Fidelity Assurance Company American Fidelity and the FSR of A- Excellent and ICR of "a-" of American Public Life Insurance Company American Public. Both companies...
- Research articles 2009-02-17
- Why A Merger, Changing State Of Domicile To Iowa Are Needed By CUNA Mutual
- CUNA Mutual Group is comprised of multiple companies, including both insurance and noninsurance companies, diverse product lines that serve both credit unions and their members, domestic and international operations, and a number of strategic partnership CUNA Mutual Group is comprised of multiple companies, including both insurance and noninsurance companies, diverse...
- Research articles 2007-03-26
- Sun, Sand and E-commerce - Statistical Data Included
- Bermuda wants to be a model for how the insurance industry can successfully implement e-commerce. Public/private partnerships are being formed to create an international e-business hub in the domicile.
- Research articles 1999-10-01
- End Analysis: Domicile Round-Up
- Risk managers need more risk financing options than are available in today's traditional insurance marketplace. In response, there has been a migration to domiciles for their reinsurance and captive opportunities. As risk managers consider various domiciles for their risk financing needs, this article offers annual review of the local weather,...
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