Category: Industry News

PATH Act of 2015 Signed Into Law

The Protecting Americans from Tax Hikes (PATH) Act of 2015 passed both the House and Senate and has been signed into law. The new legislation affecting eligibility for 831(b) election for captives is effective for... read more

Amendments to Delaware Captive Law

On June 24, 2015, Governor Jack Markell signed House Bill 15 (“HB 15”), which added to and clarified Delaware’s captive insurance statute. HB 15 makes numerous amendments to the captive insurance statute, mostly with respect... read more

First Cayman PIC Formed

Following Cayman legislation being brought into force in 2015 to allow Cayman SPC insurers to form Portfolio Insurance Companies (PICs – the Cayman model for incorporated cell companies) the first Cayman PIC has been incorporated. ... read more