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Time to " up the ante" in the captive market



John Spellman, the new head of Isle of man Finance has applauded its appearance of the Bennet report into the Manx Captive industry

He says the island is already a dominant player in insurance for the life sector but now is the time to " up the ante" in the captive insurance sector too.

"The offering of modern regulation, sophisticated infrastructure and a zero percent tax regime will prove more than a formidable challenge to other more crowded locations".

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