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BMA confirms eight new re/insurance registrations in March

Bermuda15-04-2020

Eight new re/insurance vehicles were registered with the Bermuda Monetary Authority (BMA) in March, taking the total number of registrations so far this year to ten. 

BMA releases 2019 captive registration statistics

Bermuda23-01-2020

The number of new captives has risen compared with 2018.

Gemini Trust launches first cryptocurrency custody captive

Bermuda17-01-2020

Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company, Nakamoto, in Bermuda. 

BMA lines up replacement for Cox ahead of 2021 departure

Bermuda09-01-2020

The Bermuda Monetary Authority has named Craig Swan as its deputy chief executive officer, a position it created as it prepares for the departure of its executive chairman, Jeremy Cox, in 2021. 

Bermuda-based captives increase cyber premiums by more than 50% in 2018

Bermuda06-01-2020

Bermuda-based captives took in 53.6 percent more affirmative cyber related gross premiums in 2018 than they did the previous year, according to the Bermuda Monetary Authority in its annual cyber underwriting report. 

Economic substance regulation could spell trouble for offshore captives

Bermuda, Cayman and Caribbean29-08-2019

Economic substance regulation enacted to appease the EU is undermining the business case for offshore captives, according to Mark Chudleigh, a partner at Kennedys in Bermuda.

Record number of delegates at Bermuda Captive Conference

Bermuda11-06-2018Insurance

The Bermuda Captive Conference, running June 11-13 at the Fairmont Southampton, has registered a record 845 delegates, attracting captive owners, risk managers, captive managers, sponsors, and vendors from the United States, Canada, Latin America, and the United Kingdom, in addition to Bermuda’s own industry representatives.

11 captives admitted to Bermuda hall of fame

Bermuda04-06-2018Insurance

The Bermuda Captive Conference has admitted 11 captive insurance companies to Bermuda's Captive Hall of Fame after completing 25 years of business from the island.

Bermuda retains domicile top spot with 13 new captives

Bermuda14-02-2017Insurance, Reinsurance

Bermuda has held on to its position as the domicile with the most active captive licenses, with 776 on its register as of December 31, 2016, according to new figures from the Bermuda Monetary Authority (BMA).

Weldon embarks on new career with Marsh Captive Solutions

Bermuda17-08-2016Insurance

Shelby Weldon, the former director of licensing and authorisations at the Bermuda Monetary Authority (BMA), has started in his new role with Marsh Captive Solutions.

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Captive International