Tax millstone for US reinsurers prompts legal call
Less than one in four insurance industry professionals polled by AM Best believe US insurers and reinsurers can compete with firms based in low-tax domiciles. The survey also shows that over half support tax law changes to address the issue.
The online survey by Best Week UK/Canada shows that only 24% of respondents believe US firms can still compete with domiciles like Bermuda, while 21% said that although primary insurance was still
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