June 16, 2021

On Wednesday, June 16th CTCIA held a webinar update on recent federal and state tax law changes that may affect the governance of captive insurance companies. Each year as tax components are assessed, actuaries provide important contributions to the tax documentation for these companies. This session provided an overview of recent regulatory and court decisions that may impact captives, reviewed reasons for the establishment of captive insurers in Connecticut, and highlighted recent coverages being placed into captives over the past year. Additionally, for actuarial professional consideration, they covered pricing and reserves and actuarial concepts required to support captive tax services.