St. Kitts & Nevis
International insurance under English common law.
Insurance
Nevis regulates international insurers under the Nevis International Insurance Ordinance, 2004 (as amended), a dedicated framework for long-term, general, captive and reinsurance business conducted in or from the island.
Common Law
St. Kitts and Nevis is an independent Commonwealth nation with a legal system founded on English common law, providing a familiar legal foundation for cross-border insurance and international business.
Tax Treatment
Nevis provides specific tax treatment for qualifying international insurance business, subject to the insurer’s activities and compliance with applicable substance, filing and reporting requirements.
Nevis combines dedicated international insurance legislation, an English common-law legal system and focused supervision for insurers operating across international markets.
The Federation of St. Kitts and Nevis is a twin-island state in the Eastern Caribbean. Since the Nevis International Insurance Ordinance was enacted in 2004, the island has developed a specialised insurance sector supervised by the Nevis Branch of the Financial Services Regulatory Commission. M1 Specialty Assurance Ltd is licensed in Nevis as a long-term insurer.
Nevis forms part of the Federation of St. Kitts and Nevis in the Leeward Islands of the Eastern Caribbean, approximately 1,300 miles southeast of Miami. English is the official language, and Atlantic Standard Time supports practical coordination with markets across the Americas.
Speak with our team to learn more about M1 Specialty’s international platform.
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