Finance, Investments, and Accounting
Bulletproofing a captive insurance company so that it meets the definition of an insurance company involves consideration of the following criteria.
Individuals and companies are often too quick to forget about investment risk, or assume the risk probability of the event is too small to happen. Real-life examples also illustrate that there will always be investors reaching for yield, especially in low-interest-rate environments, and when they should beware.
Michael Maglaras considers what Brexit means for the Lloyd’s of London market and for those with captive insurance companies in the Lloyds market.
Treasury recently issued new proposed and final regulations on the base erosion anti-abuse tax (BEAT). The new provisions provide some helpful news to captive insurance companies.