Tax laws continue to pull in the captives
Article Abstract:
Guernsey has a strong insurance industry which includes a number of major international insurance firms. captive insurance is also important in Guernsey. Capitves are insurers set up by commercial and industrial concerns which insure their risks. Captives may be set up for risk management purposes, to control insurance prices, or to gain access to the reinsurance market. Companies which have captives located on the island include Tesco, Reed International and Northern Foods.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Why go offhsore
Article Abstract:
There are over 20 offshore institutions offering high interest cheque accounts (HICAs). Some banks require a minimum starting balance and interest rates vary. Services range from no-frills to debit and charge cards and some banks pay rising rates of interest on higher deposit levels.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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