Home / Insights / Captives for Employee Benefits-On-shoring trend on rise

insights-espresso-icon article

Captives for Employee Benefits-On-shoring trend on rise

Espresso-live Speakers
by Abhipsa Samantra
29 September 2013

The captive companies in US are currently being re-domiciled to onshore locations for non-traditional perspectives such as employee benefits among large sized F500 companies from Bermuda and Cayman Islands. This trend is witnessed largely after the implementation of Dodd-Frank Act & NRRA (Non-Admittance and Re-insurance Reform Act) in 2012.It focuses on the types of Employee Benefits which are commonly placed under captives and the adoption rates among F500 companies in US. It highlights the advantages of using captives over existing methods such as multi-national pooling. Lastly, it covers about cost analysis on setting up off captives in on-shore to off-shore locations and possible cost savings opportunities.   Author: Abhipsa Samantra

SHARE
Linkedin Twitter Facebook
Leave a comment

Please enter a valid name

Post your comment

Please select captcha

Instagram

Get more stories like this

Subscirbe for more news,updates and insights from Beroe