Kudos to Guernsey for its response. Market leaders do not fear competition. This is how leaders behave. They teach and mentor: https://www.captiveinternational.com/giia-welcomes-uk-captive-regime-consultation-response Thank you Captive Insurance International for this piece.
Tag: Insurance
H1-2025 Reinsurance Results
Interesting piece from Global Reinsurance. The cycle continues its flow. “Usual suspects” in a cycle as strong contributors to profitability include P&C results, obviously underpinned by a relatively kind Nat Cat. But, to what extent did IFRS 17 discounting benefits play a role? These are not generally part of the cycle and will not recur… Continue reading H1-2025 Reinsurance Results
DAC 6: Captives in Murky Water
Released on the Cutts Watson website on 15th January 2021 The OECD ‘Transfer Pricing Guidance on Financial Transactions’ Report in February 2020 raises a justification for captives that is unrelated to tax i.e. in managing intra-group risks in a more economically feasible way than that provided by the conventional insurance market. However, from a corporate… Continue reading DAC 6: Captives in Murky Water