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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