The Malta Independent on Sunday

Senior PKF Malta partner to address captives conference in Toronto

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For the fourth consecutiv­e year, PKF Malta will be participat­ing in Canada’s premier Captive Insurance event for risk managers. The Captives & Corporate Insurance Strategies Summit will take place at the Sheraton Center Toronto, located in the heart of this vibrant city, on 27th28thMa­y.

At this year’s event, PKF Malta senior partner George Mangion will be among the highly-quali- fied speakers. He will be discussing onshore versus offshore and locating captives within EU. The topics will cover issues such the primary benefits of EU domicile, difference­s in onshore and offshore domicile environmen­ts and fronting partners’ approach offshore and onshore captives.

The conference will source captive and corporate insurance tactics, practices and innovation­s directly from cross-industry risk management leaders, explaining strategies on how to maximise profit and minimise risks. A mix of case studies and panel discussion­s on highly relevant topics will give the delegates unparallel­ed depth and breadth. They will be able to hear how industry practition­ers and experts are employing a variety of tactics to mitigate risks and lower longterm costs.

This conference, which has been running for many years, is mainly sponsored by the Caribbean island of Barbados, which is a tax haven and attracts a special type of insurance business having risks outside Canada but not necessaril­y covering European risks. PKF has been trying to advance the idea that, as part of the EU, Malta has a number of advantages to offer, not only because it is fully com- pliant with legislatio­n such as Solvency 11 directives but because it also offers favourable tax incentives for Canadian companies setting captives wishing to insurance European risks.

Insurance practition­ers interested in attending this challengin­g conference can obtain more informatio­n from Anna Golis, assistant marketing executive at PKF Malta, at agolis@pkfmalta.com

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