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Old 10-28-2008, 02:53 PM
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to head back to the corp tax issue
Quote:
Fewer than a quarter of insurance industry professionals polled by BestWeek U.S./Canada believe U.S. insurers and reinsurers can compete with firms based in low-tax domiciles, and more than half endorsed tax law changes to address the situation. In an online survey gauging industry opinion on a topic that in recent months has seen attention on the presidential campaign trail, just 24.2% of respondents said U.S. firms could still compete with domiciles like Bermuda, while 21.5% said though primary insurance was still competitive, the reinsurance market was not.
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