Tax
FATCA approach provides certainty, says Guernsey Finance
Guernsey Finance has welcomed the announcement from the island's government that it is seeking to negotiate a partnership agreement with the US to implement the Foreign Account Tax Compliance Act.
French treasury to raise €800m via tax on insurers
French insurers and reinsurers face a 7% hike in the exit tax on capitalisation reserves, if proposals in the 2013 budget go ahead.
EU placated as Guernsey repeals "harmful" tax provisions
Guernsey's revised zero-10 corporate tax regime has been given a clean bill of health by the European Union after previously being deemed harmful by regulators.
Guernsey signs tax agreements with Italy and Latvia
Guernsey has signed tax information exchange agreements with Italy and Latvia in an effort to increase transparency with the two European Union member states.
Pinsent Masons partner joins Plexus Law
A partner at Pinsent Masons has left the firm after 20 years to join the professional indemnity team of insurance law specialist Plexus Law.
Labour backs calls for competition probe into UK motor
Maria Eagle MP, Labour's shadow transport secretary, has thrown her weight behind earlier calls for a fully fledged investigation into the "spiralling" cost of UK private motor insurance.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Budget 2012: Red tape reductions expected to enhance SME growth
Zurich SME boss Richard Coleman has praised the Chancellor's budget announcement concerning a consultation on how small business with turnover of up to £77 000 pay tax.
Budget 2012: More insurers to target UK move, claims PwC
The insurance implications of this afternoon's budget could result in an influx of international insurers moving to the UK over the coming 12 months, according to PwC insurance tax leader Colin Graham.
Budget 2012: ABI director general welcomes corporation tax cuts
The director general of the Association of British Insurers has "strongly welcomed" Chancellor George Osborne's promise to create a more competitive corporate tax regime in Britain by cutting corporation tax to 24%.
Guernsey and Malta sign double tax agreement
Guernsey has signed a comprehensive Double Taxation Agreement with Malta, the third tax agreement for the captive favourite, after deals with the UK and Jersey.
Insurers in the Philippines reject tax waiver
Non-life insurers and reinsurers in the Philippines have rejected a government offer of a 10% reduction in annual aggregate tax, according to reports in the local press.
View from the Top: Future Flooding
Government must play its part in achieving a satisfactory solution to flood defence
Solvency poll results
Will Solvency II cause captives to re domicile?
Spotlight on environment: Getting protected
When the Statement of Principles on the provision of flood insurance expires next year, how will insurers address the 200 000 high-risk households left struggling for cover?
Bermuda’s Premier Cox signs tax agreement with Turkey
Bermuda has signed a tax information exchange agreement with the government of the Republic of Turkey.
A sustainable future?
Solar powered cities and hydrogen run transport systems might be close to reality than people realise. Christian Müller explains why insurers have an integral role to play in this world and must be at the forefront of embracing innovation.
Aon London HQ move will bolster City’s position
Aon’s decision to move its corporate headquarters from Chicago to London could bolster the City’s position as a major insurance capital.
Guernsey financial services body welcomes India tax agreement
Guernsey has signed a tax information exchange agreement with India.
Insurance certificates removed from road tax application process
Motorists will no longer be obligated to produce a certificate of insurance in order to purchase road tax amid new government plans geared towards clamping down on forged documents.
Editor's comment: Impacting the market
Market-turning they may not be but market-impacting they evidently are. Revised loss estimates for the 1500 industrial units hit by the Thai floods have reached $20bn.
Equalisation reserve changes to impact insurers
Legislative changes to claims equalisation reserves will disadvantage insurers, a PwC analyst has warned.
Review of the year - Health insurance: Seeds of change
Despite a tough 12 months, and gloom forecast for 2012, the health insurance sector has planted important seeds for future growth this year.
Legal and tax issues top Airmic worries
Global economic and political uncertainty has had little impact on global insurance programmes, the second annual Airmic casualty benchmarking survey has found.