Captive Insurance Issues and Trends 2017
A FREE 30-page special report courtesy of Captive.com
Dig deep into important issues and trends in captive insurance. Download this FREE special report featuring practical knowledge and insights from 11 respected captive insurance thought leaders!
Download FREE Report Now
Tax reform is on the agenda not only in the United States but elsewhere in the world, as well. A report of Oxfam, a global antipoverty agency, has joined those calling for corporate tax reform, and the Bermuda Business Development Agency responded quickly.
The president and CEO of SOBC Corp. explains the acquisition process for distressed insurance companies and risk retention groups.
One of this editor's favorite songs is Elton John's "Where to Now St. Peter?" from the 1970 album "Tumbleweed Connection." It seems extremely apropos to the bond market after the recent election results.
Captive Insurance Companies Association (CICA) has scheduled a webinar, titled "Brexit and the Impact on the Captive Industry," to be held at noon (CDT) (1:00 p.m. ET) October 20, 2016.
The last truly hard market in commercial lines was 13 years ago, more than 4 years longer than the average soft market cycle length of 9 years. What began in the commercial property markets and then spread to casualty lines now seems to have claimed workers compensation as well.
The lead article in the September 2016 issue of "Captive Insurance Company Reports" provides a firsthand look into how the expanding use of telemedicine works across state lines and the complexities associated with the multiple layers of regulation.
Attendees at the Vermont Captive Insurance Association (VCIA) 2016 Annual Conference next week (August 9–11) in Burlington, Vermont, will have the opportunity to hear a presentation on “Reinsurance Marketplace Trends.” Steve McElhiney, the president of EWI Re, Inc., and a past chairman of VCIA, will provide his first-hand insights about the changes and current state of the reinsurance market. The session is scheduled for 1:45 p.m. on Wednesday, August 10.
The lead article in the July issue of the Captive Insurance Company Reports (CICR) provides an analysis of a decision by the U.S. District Court for the Eastern District of Washington. It details why the court concluded that the net income of a nonprofit self-insurance pool in Washington state was not exempt from federal taxation, either under the doctrine of implied state government immunity or under section 115 of the Internal Revenue Code. The analysis was prepared by the Sutherland Asbill & Brennan tax department.
It is easy to be confused by the discussion and politics of Britain's vote to exit the European Union. In May 2016 the British House of Lords European Union Committee published an excellent report that may help clear up the confusion.
Bermuda, the world's largest captive insurance domicile, will not be adversely impacted by Britain's June 23, 2016, vote to leave the European Union (EU). The exit will, however, have a negative impact on Gibraltar-domiciled captives writing in the EU.