Select Revenue Measures Subcommittee

• 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.

• 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 Hearing Set For Wed.; Opponents Release Study

  By Arthur D. Postal, PropertyCasualty360.com  |  July 12, 2010

  A Congressional subcommittee will hold a hearing Wednesday on whether Congress should tighten rules dealing with the tax deduction taken by insurers who cede premiums to overseas affiliates, including reinsurers.