21/07/2010
The Committee of European Insurance and Occupational
Pensions Supervisors (CEIOPS) has said that the US will not be among the first set of countries to be assessed for regulatory equivalence with Solvency II.
In addition, CEIOPS said it was currently unclear “whether the creation of a new federal office dealing with insurance would facilitate an agreement covering the exchange of information”.
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WELCOME TO THE Captive Review Cell Company Handbook 2009 – the second edition of our global directory of cell company jurisdictions. Since we last published this directory, the general attitude toward cell companies seems to have shifted up a gear. Whereas single-parent companies have long ruled the captive roost, a slight uptick in the formation of pure captives at the beginning of this year can’t hide the fact that growth in this market is still sluggish.
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We at Captive Review are keeping a close eye on Malta, not only because of its reputation as a high-quality captive domicile, but also because it is on the forefront of Solvency II.
Originally planned as an insurance and reinsurance directive, Solvency II has undoubtedly unnerved the captive insurance industry.
![BNY Mellon [North America]](/article_images/articledir_3397/1698882/1_80by80.jpg)
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