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.
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.
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...
ISOLAS
There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.
ISOLAS
Many use cases ideas have been proposed for DLT, and some experiments and feasibility studies have been carried out.
GuernseyFinance
London still has much to offer as a global insurance centre if it changes with the times, a leading figure in the industry has said.
GuernseyFinance
There is a very good model out there, experts come together and provide those services.
GuernseyFinance
Guernsey is continuing to make progress in business connections with the Chinese market.
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.
Mamo TCV Advocates
In a judgement presided by Mr. Justice Toni Abela, in the names Knightsbridge Developments Limited vs Citadel Insurance plc, the Civil Court, First Hall held that the principle of utmost good faith in insurance contracts applies ...
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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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; ...
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.
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) ...
Ogier
The powers of the Jersey Financial Services Commission (JFSC) to impose civil financial penalties for significant and material contraventions of the Codes of Practice were extended on 26 October 2018 to apply to "principal persons" of registered persons.
Carey Olsen
The launch of a new Revenue Service in Guernsey that brings together the collection of income tax and social insurance contributions will lead to improved government efficiency,
ISOLAS
There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.
Dillon Eustace
International Association of Insurance Supervisors ("IAIS")
ISOLAS
Many use cases ideas have been proposed for DLT, and some experiments and feasibility studies have been carried out.
Morgan & Morgan
With the enactment of Law 57 of October 24th, 2018 that modifies Law 41 of 2007, creating a Special Regime for the Establishment and Operation of Multinational Headquarters and the Commission of Multinational Headquarters, ...
GuernseyFinance
There is a very good model out there, experts come together and provide those services.
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