Joint Tax Committee

• European Trade Group President, Chubb Exec Spar Over Foreign Tax

  By Arthur D. Postal, PropertyCasualty360.com  |  August 2, 2010

  Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumers" and lead to higher insurance premiums, the head of a trade group representing European carriers warned.

• European Trade Group President, Chubb Exec Spar On Foreign Tax

  By Arthur D. Postal, PropertyCasualty360.com  |  July 26, 2010

  Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumer" and lead to higher insurance premiums, the head of a trade group representing European insurers said.

• 'Scare Tactics' Decried On Foreign Re Bill

  By Arthur D. Postal, PropertyCasualty360.com  |  July 19, 2010

  Foreign insurers are "using scare tactics" to maintain the status quo.

• Foreign, Domestic Insurers Square Off In Offshore Tax Testimony

  By Arthur D. Postal, PropertyCasualty360.com  |  July 15, 2010

  Domestic and foreign insurers traded barbs--although the foreign insurers did so anonymously--at a congressional hearing over whether the U.S. should tighten rules dealing with the ceding of premiums to offshore parent companies by U.S. affiliates.

• Foreign, Domestic Insurers Square Off In Offshore Tax Testimony

  By Arthur D. Postal, PropertyCasualty360.com  |  July 14, 2010

  Domestic and foreign insurers traded barbs--although the foreign insurers did so anonymously--at a congressional hearing today over whether the U.S. should tighten rules dealing with the ceding of premiums to offshore parent companies by U.S. affiliates.

• Berkley Disputes Offshore Tax Report Findings Ahead Of Hearing

  By Arthur D. Postal, PropertyCasualty360.com  |  July 13, 2010

  Authors of a recent study that opposed a proposed tax on offshore reinsurers "don't have their math right," according to William R. Berkley, chairman and CEO of the W.R. Berkley Co.

• Foreign Tax Bill Likely, But 'A Bad Idea,' Validus CEO Says

  By Susanne Sclafane, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com  |  June 21, 2010

  Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted recently, but he criticized the measure as a restriction of free trade.

• Foreign Tax Bill Likely, But 'A Bad Idea,' Validus CEO Says

  By Susanne Sclafane, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com  |  June 11, 2010

  Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted here yesterday, but he criticized the measure as a restriction of free trade.