The Bermuda Monetary Authority (BMA) registered a new class two multi-owner captive in May.
The Bermuda Captive Conference (BCC) went ahead as a virtual event for the second successive year on June 14 and 15, but organisers said it will be back to a physical event in 2022.
Registration has opened for June’s Bermuda Captive Conference (BCC).
Insurers should be aware that engaging with third party service providers leaves them exposed to heightened cyber risk, and take steps to mitigate this risk, according to the Bermuda Monetary Authority (BMA).
The Bermuda Business Development Agency (BDA) has unveiled a plan to build the world’s foremost climate risk finance industry, to create an industry as important to the island as reinsurance.
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed Scott Selkirk to its board of directors.
Miller has appointed Charlie Simpson to lead its operation in Bermuda and vowed to continue building up the business on the island in coming months with further hires.
The Bermuda Monetary Authority (BMA) licensed Great Northern Assurance, a class two, multi owner captive, in February, as one of eight new re/insurance entities authorised in the month.
AM Best has upgraded PMG Assurance Bermuda’s long term issuer credit rating to a+ from a, with its financial strength rating remaining A as before.
The Bermuda Monetary Authority (BMA) licensed BPG Bermuda Insurance as a multi owner captive in January.