Tax and licensing concerns flagged in D&O market over jurisdiction hopping
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Tax and licensing concerns flagged in D&O market over jurisdiction hopping

Samuel Casey
08 November 2022
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Concern is mounting in the D&O market around an uptick in the practice of US markets writing international business for non-US headquartered cedants, potentially creating taxation and regulatory issues.

Sources told this publication that it was increasingly prevalent for non-US insureds to use their US address to obtain their D&O coverage, underwritten by US carriers, even though they are headquartered abroad.

The

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Topics

News D&O (Directors and Officers) Legal Analysis
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Samuel Casey
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