Mondaq Offshore: Insurance
Kennedys Law LLP
On 31 July 2018, the Bermuda Monetary Authority published revised Bermuda Solvency Capital Requirement (BSCR) models and rules for commercial insurers.
Appleby
Any doubts surrounding the durability of alternative structures have largely been put to bed after ILS' response to 2017 events.
Appleby
Eleven seasoned executives debated the industry's response to the 2017 cat losses and how the relationship between ILS and traditional reinsurers continues to mature and evolve.
Appleby
Insurance-linked securities (ILS) are collateralised products. They are all linked to some kind of collateralised security-whether it's a contractual security, a note, or a preference share,
Appleby
Norton Rose Fulbright have created a guide to provide an overview and practical checklist of ten common regulatory issues for insurance companies on which they are frequently asked to advise upon for key African jurisdictions where most of their clients operate or in which they are interested in expanding.
Kennedys Law LLP
Many Bermuda-registered companies are now subject to new beneficial ownership registration requirements by virtue of the Companies and Limited Liability (Beneficial Ownership) Amendment Act 2017, ...
Conyers Dill & Pearman
Innovative Insurers and Innovative Intermediaries may be formed as new start-ups or affiliates of existing insurers and operate in a closely controlled environment in the sandbox.
Walkers
Bermuda has established itself as a leading (re)insurance centre, which has one of the world's largest captive and insurance-linked securities ("ILS") markets.
Elias Neocleous & Co LLC
When Cyprus became an independent state in 1960, the English-based legal system which operated during the period of British rule was maintained.
Elias Neocleous & Co LLC
The Cyprus Tax Department has issued a new circular (EE26, dated 7 September 2018) clarifying the taxation of earnings of insurance agents.
Elias Neocleous & Co LLC
The ‘CySEC' has issued a notification to entities it regulates regarding Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs).
BSA Ahmad Bin Hezeem & Associates LLP
Effective as at 1st October 2018 (today!), the Insurance Distribution Directive ((EU) 2016/97) (IDD) [1], (Insurance Distribution Directive (IDD)) and its statutory provisions will apply to all EU...
GuernseyFinance
Guernsey is continuing to make progress in business connections with the Chinese market.
GuernseyFinance
Guernsey Finance's on-island members can learn the benefits of doing business in China from two experts on the region at the promotional agency's China update on Thursday 6 September.
GuernseyFinance
Guernsey captives made up more than half of the European market last year, according to figures compiled by the industry magazine Captive Review.
Dillon Eustace
International Association of Insurance Supervisors ("IAIS")
ELVINGER HOSS PRUSSEN, société anonyme
The Law of 10 August 2018 implementing Directive (EU) 2016/97 of 20 January 2016 on insurance distribution ("IDD") ...
Arendt & Medernach
On 22nd August 2018, the law of 10th August 2018 (implementing the EU Directive 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution
Labuan IBFC Inc
All businesses have risks – but not all risks can be prepared for.
Clyde & Co
After a period of much debate as to the application of VAT in the re/insurance industry in the UAE, the UAE Federal Tax Authority (FTA) ...
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Kinstellar
We have prepared a brief overview of important changes in Czech legislation and the most significant high court judicial decisions issued over the past few months that might affect your operations in the Czech Republic...
Elias Neocleous & Co LLC
When Cyprus became an independent state in 1960, the English-based legal system which operated during the period of British rule was maintained.
Appleby
The Isle of Man is an attractive place to anchor a business, offering a stable economy; zero per cent corporation tax; no capital gains tax, inheritance tax or stamp duty; a sophisticated infrastructure; ...
Labuan IBFC Inc
All businesses have risks – but not all risks can be prepared for.
Ogier
The British Virgin Islands (BVI) will shortly implement some important changes to the rules governing segregated portfolio companies (SPCs) incorporated or registered under the BVI Business Companies Act, 2004 (BCA).
Dillon Eustace
On 5 July 2018, the Central Bank of Ireland ("Central Bank") published the twenty third edition of its "UCITS –Questions and Answers" ("UCITS Q&As").
Ogier
On 11 September 2018, the Draft Limited Liability Companies (Jersey) Law (the LLC Law) was adopted by the States of Jersey paving the way for limited liability companies (LLCs) to be established in Jersey.
BSA Ahmad Bin Hezeem & Associates LLP
Effective as at 1st October 2018 (today!), the Insurance Distribution Directive ((EU) 2016/97) (IDD) [1], (Insurance Distribution Directive (IDD)) and its statutory provisions will apply to all EU...
ELVINGER HOSS PRUSSEN, société anonyme
The Law of 10 August 2018 implementing Directive (EU) 2016/97 of 20 January 2016 on insurance distribution ("IDD") ...
Kennedys Law LLP
There have been recent changes for Bermuda companies in relation to the gathering and registration of beneficial ownership details and more changes are on the horizon, following a consultation on proposed amendments to the Exchange Control Regulations 1973.
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