Report: Trump Tax Cuts Affect Reinsurance Profits
September 03, 2018
LAKE FOREST, Calif. — Portfolio has released “Opportunity at Risk: Reinsurance Meets Tax Reform,” a new report detailing the effects of the Trump administration’s Tax Cuts and Jobs Act on each of the six common reinsurance models. The report is now available to dealers, agents, and other industry members as a free download.
Authors Ryan Hanlon and Don Ray, who serve, respectively, as Portfolio’s managing director and reinsurance consultant, said the report is intended to serve as a guide for dealers who are active in reinsurance or considering profit participation for the first time. The report avoids finance and accounting jargon to present a straightforward, accessible, easy-to-follow guide for those who are not already well-versed in finance or taxation.
“The demand for reinsurance education among dealers and agents has been steadily increasing, before and since tax reform became law,” Hanlon said. “We wrote ‘Opportunity at Risk’ to help introduce the concepts to those who aren’t well-versed in reinsurance and as a refresher for those who may already have some familiarity with reinsurance. Our goal was to help dealers avoid costly mistakes in today’s new taxation landscape.”
To download your free copy of “Opportunity at Risk: Reinsurance Meets Tax Reform,” click here.