Report: Trump Tax Cuts Affect Reinsurance Profits
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.
More Industry

First-Half Dealership Deals Up
Buy-sell activity shows that acquirers are looking for value and scale as many retailers seek to leave an increasingly competitive and complex market, Kerrigan Advisors reports.
Read More →
Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →
Texas Dealership No Longer in the Family
The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.
Read More →
Genesis Grows California Presence
The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.
Read More →
August Auto Sales a Mixed Bag
An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.
Read More →
EV Market Humming Along
July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.
Read More →
Auto Loan Delinquency Rates Stabilize
Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.
Read More →
EV Sales Recover in Q2
The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.
Read More →
The Cheapest Hybrids to Fuel
The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.
Read More →