Unprecedented disruption, a hardening (re)insurance market, and the onset of new major risks have increased interest in captive use by corporate risk managers. The captive market – once seen as an alternative to traditional commercial insurance – is establishing itself as a valuable risk management tool and a market in its own right.Â
Richard is joined by London-based Stephen Massey, insurance tax specialist at Ernst & Young LLP, to discuss how the international tax treatment of captives has changed over the years and possible consequences of a UK captive regime.
