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81 through 100 of 1,021 matching documents, best matches first.   Sort by date

Johnson Lambert's Guestin: Insurers Should Prioritize Tax Implications in M&A Discussions
Kregg Guestin, principal, Johnson Lambert, said insurers sometimes consider tax implications as an afterthought in M&A deals, and that can lead to last-minute scrambling. Guestin ...
Source: AM Best TV   Date: June 5, 2024
Empathy CEO: Emerging Technology Helps Insurers Redefine Relationships
https://bestsreview.ambest.com/edition/2024/june/index.html#page=26
Source: Best's Review   Date: June 1, 2024
Former Kemper CFO Joins SiriusPoint as CFO
Yendall is leaving the company after 18 months as CFO. McKinney will report to Scott Egan, chief executive officer as a member of SiriusPoint's executive leadership team, the ...
Source: BestWire   Date: May 24, 2024
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HSB Head of Energy: Parametric, Tax Insurance Gain as Insurers Develop Energy Solutions
Riskworld 2024, San Diego. View the video version of this interview here. Following is an edited transcript of the interview. Q: What is the insurance industry doing when it comes ...
Source: BestWire   Date: May 17, 2024
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Iowa Governor Signs Bill Lowering Tax Rates Placed on Captive Insurers
Iowa Gov. Kim Reynolds enacted legislation lowering the tax rate on captive insurers in some instances. The bill, HF 2636, lowers by 99.1% the reinsurance tax rate due from captive ...
Source: BestWire   Date: April 23, 2024
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Microcaptives Make Internal Revenue Service 'Dirty Dozen' List of Tax Scams
Commissioner Danny Werfel in a statement. "Promoters continue to peddle elaborate schemes to reduce taxes and make a handsome profit. Taxpayers contemplating these arrangements ...
Source: BestWire   Date: April 15, 2024
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Tax Court Rules Again for IRS in Microcaptive Case
Patel controlled, Magellan Insurance Co., domiciled in St. Kitts, and Plymouth Insurance Co., domiciled in Tennessee. According to the decision, the premiums paid to the ...
Source: BestWire   Date: March 28, 2024
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PartnerRe Swings to 2023 Profit on Underwriting, Investment Gains
PartnerRe Ltd. swung to a profit in 2023 on strong underwriting gains, investment income and a one-off gain related to a Bermuda tax law change. Net income attributable to common ...
Source: BestWire   Date: March 26, 2024
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Ontario Teachers' Exec Joins Sun Life as CFO
Sun Life Financial Inc. appointed Timothy Deacon to succeed Manjit Singh as executive vice president and chief financial officer, effective April 8. Deacon will also join the ...
Source: BestWire   Date: March 25, 2024
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Chubb Names SVP to Lead Newly Launched Global Transactional Risk Platform
North America, the company said. He joins Chubb with nearly 15 years of transaction risk experience. Previously, he held senior management roles overseeing mergers and acquisitions ...
Source: BestWire   Date: March 20, 2024
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Insurers' and Reinsurers' 4Q Earnings Reflect Silver Lining in Bermuda Tax Changes
Greg Dickerson, an insurance credit analyst with AM Best. "Prior to this becoming official, you can't recognize anything on your balance sheets. Now, they know that'll be the rule. ...
Source: BestWire   Date: March 15, 2024
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Senate Report Finds PPLI a $40 Billion Tax Giveaway
Wyden said in a statement. "When you subject these policies to even the slightest bit of scrutiny, it's clear that this is just a tax shelter for the investments of the mega-rich ...
Source: BestWire   Date: February 22, 2024
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Arch CEO Takes Long View in Uncertain Casualty Segment
Arch Capital Group Ltd. sees a strong hard market continuing as it scrutinizes an uncertain casualty lines outlook, its chief executive officer said. The group deployed capital ...
Source: BestWire   Date: February 15, 2024
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Tax Court Rules for IRS in Microcaptive Tax Case
Judge Patrick Urda ruled that Dr. Bernard Swift and his wife, Kathy, paid Castlerock Insurance Co. and Stonegate Insurance Co. premiums that were far in excess of going market ...
Source: BestWire   Date: February 8, 2024
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Markel-backed Tax MGA Certa Expands With Hamburg Office, New Senior Underwriter
Beckwith said in a post on LinkedIn. The company did not respond to a request for comment. Certa has more than £100 million ($126.76 million) of capacity for tax risks and is a ...
Source: BestWire   Date: January 29, 2024
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US Tax Court Rules Against Microcaptives in Dispute Over Arrangements
Terence Keating, Cheryl Doss and Arthur Candland. The IRS argued the arrangement didn't actually provide insurance and the shareholders cannot deduct the amounts for tax purposes ...
Source: BestWire   Date: January 5, 2024
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Sun Life Asia Appoints President
Sun Life Asia, effective March 18, 2024. Johnson has taken on the newly created role of vice-chair, strategic partnerships for Sun Life globally. Singh will be responsible for one ...
Source: BestWire   Date: December 11, 2023
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Georgia Federal Judge Signs Off on Geico Settlement With Policyholders on Taxes
Treadwell on June 6, it said. Geico has faced similar complaints in other districts, including the 5th Circuit Appeals Court and in New Jersey (BestWire, May 19, 2023). Geico ...
Source: BestWire   Date: December 8, 2023
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Florida $114.4 Billion Budget Proposal Calls for Homeowners Insurance Relief
July 1, 2024 and June 30, 2025, the administration said. Exemptions will cover the insurance premium tax, the state fire marshal assessment and the Florida Insurance Guaranty ...
Source: BestWire   Date: December 6, 2023
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Geneva Association Says Public Backstop May Be Necessary for Major Cyber Events
The protection gap between cyber liability coverage and the potential for losses means a taxpayer backstop for major cyber events may be necessary, according to a report from the ...
Source: BestWire   Date: November 21, 2023
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