News - Captivereview

News

Tuesday, October 06, 2020

Lauren Ingram

WTW-Aon merger reviewed by Australian watchdog

Tags: ACCC, Aon, Australia, Willis Towers Watson

The Willis Towers Watson-Aon merger is being scrutinised by the Australian Competition and Consumer Commission (ACCC). The ACCC has started...

Tuesday, October 06, 2020

Lauren Ingram

US Virgin Islands Port Authority to form a captive

Tags: captive formation, Regulation, US Virgin Islands

The US Virgin Islands Legislature has voted to allow the Virgin Islands Port Authority (VIPA) to create a captive. In...

Friday, October 02, 2020

Lauren Ingram

IRS expands captive enforcement

Tags: 831(B), CIC Services, IRS, microcaptives, Notice 2016-66

The Internal Revenue Service (IRS) has expanded its enforcement focus into "abusive" microcaptives and advised captive owners to dump their...

Thursday, October 01, 2020

Lauren Ingram

Korean Re implements digital reinsurance platform

Tags: Eurobase, Korean Re, Reinsurance, Technology

Korean Re Switzlerand have announced the implementation of a new digital reinsurance platform called Synergy2. Korean Re Switzerland, Korean Re's newly...

Thursday, October 01, 2020

Lauren Ingram

Vermont names Ian Davis replacement

Tags: Vermont, Vermont Department of Economic Development

The Vermont Department of Economic Development (DED) has named Brittany Nevins as its new captive insurance economic development director, replacing...