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Fleming Re to acquire Sinclair in legacy deal
Bermuda analysis
Fleming Re Holdings will acquire Sinclair Insurance Company, a Bermuda-based captive that was incorporated in 1985 and has provided workers’ compensation, general and products liability and commercial auto lines of business.   13 October 2020
Bermuda Captive Conference draws record attendance in digital format
Bermuda analysis
The Bermuda Captive Conference attracted almost 900 people between September 9 – 11, a record attendance for the event.   24 September 2020
BMA registers W Insurance in August
Actuarial & underwriting
The Bermuda Monetary Authority (BMA) registered 13 new insurance entities in August.   22 September 2020
Bermuda analysis
Bermuda has a clear advantage as a domicile for cannabis captives because of the clarity of the position of the Bermuda Monetary Authority (BMA), according to panelists speaking in the Bermuda Captive Conference’s Cannabis and Captives session last week.   14 September 2020
Analysis
Ryan Heyrana of DARAG North America reviews the current captive insurance market.   14 September 2020
Bermuda analysis
The Bermuda Monetary Authority has instructed captives and other re/insurers domiciled in Bermuda to continue holding virtual board meetings for now, if arranging physical board meetings is problematic.   4 September 2020
Bermuda analysis
Bermuda’s Economic Substance legislation has now come into force. Strategic Risk Solutions’ Richard Daley outlines what captives boards should be thinking about to ensure they remain compliant.   4 September 2020
Bermuda analysis
The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June.   10 July 2020
Bermuda analysis
COVID-19 will drive the development of new and innovative risk management responses, according to the Bermuda Monetary Authority (BMA), with captives playing a key role in helping their owners mitigate these risks.   1 July 2020
Bermuda analysis
The 2020 Bermuda Captive Conference will be held virtually for the first time this year, amid continued uncertainty about when COVID-19 social distancing measures will be eased.   30 June 2020

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