All StrategicRISK Global articles in Captive Risk June 2010 – Page 2
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Captive RiskSweden
CAPTIVES 50 non-life captivesCAPTIVE PREMIUM circa SEK1,087m (€112m)LEGISLATION Insurance Business Law 1982; Regulation of Insurance Business 1982:790; Law of Annual Statement for Insurance Companies 1995:560; Insurance Contract Law 2005:104CAPTIVE TAX RATE flat rate tax system: 26.3%. Tax deferral due to equalisation reserves possibleFEES application fee SEK110,000; registration fee SEK2,000; and ...
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Captive RiskSwitzerland
CAPTIVES 48 (at end of 2008, according to independent supervisory authority Finma)CAPTIVE PREMIUM CHF273.8m (€197m) at end of 2008LEGISLATION Swiss Federal Law on the Supervision of Insurance Companies and Financial Market Authority 2007CAPTIVE TAX RATE 0%FEES CHF3,000, but dependent on complexity of caseREGULATOR Swiss Financial Market Supervisory AuthoritySwitzerland has close ...
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Online onlyInsurance costs to increase ‘modestly’ for offshore energy risks
The Gulf spill will not harden the energy market as much as Hurricane Katrina, says Marsh
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InterviewsSeeking harmony
As revenue authorities target so-called ‘tax havens’ as part of their fight for financial transparency and improved regulation, what will this mean for the captives based in these offshore locations? Nathan Skinner investigates
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