Insurance

Navigating through Malta’s Unrivalled Potential

Danielle Hermansen, of PKF Malta, discusses recent developments in the insurance market and latest event for promoting Malta, as a domicile of choice for European Captives in October 2016 – New York, the success of the industry’s latest events and what essential elements remain talking points across the financial landscape What was the event and… Read More

Path Act Makes Changes to Captive Insurance Tax Rules

Captive Insurance is a formalized corporate structure, whereby a business self-insures a portion of identified business risks, rather than purchasing coverage from the retail insurance marketplace. Insurance can be a very profitable business. However, as with any business or adjunct to an existing business, the insurance field contains many pitfalls. If the business of insurance… Read More

Malta as the domicile of choice for insurance vehicles in Europe

Danielle Hermansen from PKF Malta discusses how Malta can and is fully utilising its potential in the insurance industry. PKF is supporting Finance Malta in its quest to promote Malta, by organising a conference on the 29th March 2016 which will focus on what Malta can offer to US Captives seeking to tap into their… Read More

Providing for valid hold harmless covenants in favor of directors in Italy.

In doing business are commonly set up hold harmless (or indemnity) covenants to protect directors against actions initiated by the company managed by them, company’s shareholders or any third party, in relation to the activities carried out by directors in their office. Such covenants are entered into at the beginning, in the meanwhile or at… Read More

Brazil - Hiring of Insurance Abroad; Regulations and Restrictions

The possibility of hiring insurance abroad by Brazilian individuals or companies is restricted according to Brazilian Federal Legislation, rules of the Superintendence of Private Insurance (“SUSEP”) and the Private Insurance National Board (Conselho Nacional de Seguros Privados) (“CNSP”), normative entity of insurance activities in Brazil. Federal Regulations Currently, the terms and conditions for hiring of… Read More

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