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	<title>Pacre Ltd. Archives - Insurance Journal</title>
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		<title>IRS Scrutiny of Offshore Tax Avoidance Repels Bids for Bermuda Reinsurers</title>
		<link>https://www.insurancejournal.com/news/national/2015/05/19/368638.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Tue, 19 May 2015 12:58:47 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[AXIS Capital Holdings]]></category>
		<category><![CDATA[Bermuda]]></category>
		<category><![CDATA[Business Moves & Mergers]]></category>
		<category><![CDATA[Dan Loeb]]></category>
		<category><![CDATA[Endurance]]></category>
		<category><![CDATA[Endurance Specialty Holdings]]></category>
		<category><![CDATA[EXOR]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[John Paulson]]></category>
		<category><![CDATA[Mergers and Acquisitions]]></category>
		<category><![CDATA[Montpelier Re]]></category>
		<category><![CDATA[Montpelier Re Holdings]]></category>
		<category><![CDATA[Pacre Ltd.]]></category>
		<category><![CDATA[PartnerRe]]></category>
		<category><![CDATA[Platinum Underwriters]]></category>
		<category><![CDATA[Platinum Underwriters Holdings]]></category>
		<category><![CDATA[Reinsurance]]></category>
		<category><![CDATA[Reinsurers]]></category>
		<category><![CDATA[RenaissanceRe]]></category>
		<category><![CDATA[RenaissanceRe Holdings]]></category>
		<category><![CDATA[reputational risk]]></category>
		<category><![CDATA[Senator Ron Wyden]]></category>
		<category><![CDATA[Third Point Re]]></category>
		<category><![CDATA[Third Point Reinsurance]]></category>
		<category><![CDATA[Treasury Secretary Jacob J. Lew]]></category>
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							<description><![CDATA[The IRS&#8217;s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies&#8217; value. Montpelier Re Holdings Ltd. and Platinum Underwriters Holdings Ltd., both based in Bermuda, have each said in recent regulatory &#8230;]]></description>
		
		
		
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		<title>Hedge Fund-Backed Bermuda Ventures Could Be at Risk From IRS</title>
		<link>https://www.insurancejournal.com/news/international/2015/04/24/365561.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Fri, 24 Apr 2015 08:38:11 +0000</pubDate>
				<category><![CDATA[International & Reinsurance News]]></category>
		<category><![CDATA[Arch Capital Group]]></category>
		<category><![CDATA[Bermuda]]></category>
		<category><![CDATA[Dan Loeb]]></category>
		<category><![CDATA[David Einhorn]]></category>
		<category><![CDATA[Greenlight Capital Re]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[Highbridge Capital Management]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[Pacre Ltd.]]></category>
		<category><![CDATA[Paulson & Co.]]></category>
		<category><![CDATA[Reinsurance]]></category>
		<category><![CDATA[Third Point Re]]></category>
		<category><![CDATA[Third Point Reinsurance]]></category>
		<category><![CDATA[Validus Holdings Ltd]]></category>
		<category><![CDATA[Watford Re]]></category>
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							<description><![CDATA[Investment vehicles set up by Paulson &#38; Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules published Thursday, said that the favorable treatment enjoyed by insurers &#8230;]]></description>
		
		
		
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