Hashtag: #Switzerland

Allied World Completes Redomestication

Allied World Assurance Company Holdings announced today (Dec 1) that it has completed the previously announced redomestication of its group holding company from Bermuda to Switzerland. The new Swiss holding company will remain subject to the U.S. Securities and Exchange Commission reporting requirements, the applicable corporate governance rules of... Read more of this article

Report: Swiss Will Profit from Bermuda Woes

Switzerland is going to continue to profit from increasing international regulatory and political pressure being brought to bear on Bermuda, financial analysts say according to Swissinfo. According to the report, Bermuda and other small international business domiciles remain highly vulnerable to moves in Washington to repatriate corporate earnings... Read more of this article

Reports: Europe’s Threat to Our Re/Insurance Sector

Bermuda’s preeminence as the off-shore domicile of choice among global insurers and reinsurers is coming under increasing threat from Switzerland because of mounting uncertainty surrounding the island’s long-term tax status with the US and an inadequate regulatory infrastructure, according to international news reports. Both Reuter and Business... Read more of this article

Allied World Moving Incorporation to Switzerland

Allied World Assurance Company Holdings, Ltd today [Sept 30] announced that its Board of Directors has unanimously approved a plan for the group holding company to redomesticate its place of incorporation from Bermuda to Switzerland. Following the redomestication, the holding company’s Bermuda insurance and reinsurance subsidiary will continue... Read more of this article

Catlin To Expand To Switzerland

Bermuda based Catlin Group Limited will form a reinsurance company in Switzerland, saying it will significantly expand the European-based reinsurance business underwritten by the Group. Catlin will also apply to the Bermuda Monetary Authority to establish a Bermuda-based branch of Catlin Re Switzerland. The Bermuda branch will initially underwrite... Read more of this article

Amlin To Redomicile to Switzerland, No Jobs Lost

Amlin Plc is moving the headquarters of its Bermuda unit to Switzerland, however the company says it remained committed to Bermuda “as a key operating platform”. Locally, Amlin has 32 employees and the company say they expect that figure to grow as the Bermuda business develops further. Amlin intends to re-domicile its legal carrier Amlin... Read more of this article