Japan Tapping Hawaii For Captives
Hawaiis efforts to become the captive leader of the Pacific Rim moved a step closer this month when it licensed its second non-U.S. taxpaying Japanese company insuring business in Japan.
The captive owner, Citizen Watch Company Ltd., is headquartered in Tokyo and is one of the leading watch manufacturers in the world. Citizen is the 100th captive insurer licensed to date in Hawaii–80 of which are active.
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