Business Services Industry

Turks & Caicos Islands adding captives, managers.(Brief Article)

Business Insurance, February, 2002 by Mcleod, Douglas

PROVIDENCIALES, Turks & Caicos Islands-The are betting that the addition of new captive managers in the domicile will boost captive growth after a slow 2001. KPMG Insurance Managers Ltd., an affiliate of international accounting firm KPMG L.L.P., and Global Insurance Managers & Actuaries Ltd.

have opened offices in the Turks & Caicos, bringing the number of management companies operating there to five, reports Superintendent of Insurance Harold Wong. Although the hardening commercial property/casualty market will increase interest in captive formations, the quicker way to expand is to attract new management companies with existing clientele and worldwide contacts, Mr. Wong suggested. ``This is an area we are actively pursuing,'' he said. ``We anticipate...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement