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AM Best upgrades Sony's Bermuda captive

Bermuda04-02-2019

Ratings agency AM Best ha upgraded the financial strength rating of Sony's Bermuda-based pure captive PMG Assurance from A- (Excellent) to A (Excellent).

Bermuda gained 19 new captives in 2018

Bermuda29-01-2019

The Bermuda Monetary Authority (BMA) registered 19 new captive insurance companies in 2018, up from 17 in 2017.

BMA chairman retires; CEO takes on role

Bermuda18-01-2019

The Bermuda Monetary Authority CEO Jeremy Cox will serve as its executive chair, as current chair Gerald Simons has retired.

JLT exec chairman joins Willis Towers Watson for Bermuda captives role

Bermuda15-01-2019

Willis Towers Watson Management (Bermuda) has appointed Steve Arrowsmith as executive vice president, head of client services.

Automotive, manufacturing and retail captives dominate new Bermuda formations

Bermuda03-01-2019

The automotive, manufacturing and retail industry was responsible for the majority of new formations on Bermuda in 2017, according to the BMA Captive Report 2018.

Bermuda captives double cyber premiums in 2017

Bermuda03-01-2019

Bermuda captives writing cyber risk experienced the greatest year-on-year percentage increase out of any line of business in the market in 2017, according to the BMA Captive Report 2018.

Aon promotes Bermuda MD Seth to global captives and ILS role

Bermuda11-12-2018

Aon has appointed Anup Seth as global leader, underwriting solutions, of its Captive and Insurance Management team, based in Bermuda.

Bristol-Myers Squibb to transfer $3.8bn in pension liabilities to Athene

Bermuda05-12-2018

Bermuda-based pension risk transfer provider Athene has agreed a pension plan termination transaction with US pharmaceutical company Bristol-Myers Squibb.

Bermuda captives market might be open to cannabis

Bermuda27-11-2018

The Bermuda captives market is open to innovative new areas of captive insurance, including potentially cannabis-related companies, a panel at a conference in London has heard.

DARAG Guernsey acquires SOBC Services; takes on four captive entities

Bermuda, North America20-11-2018

DARAG Guernsey, via its wholly owned subsidiary SOBC DARAG, has acquired the entire share capital of SOBC Services, which is focussed on the sourcing, acquisition and management of insurance entities and portfolios in run off in the US, Bermuda and Caribbean.

Showing 1 to 10 of 243 results

Captive International