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Bermuda analysis
Brit Re, the newly established captive reinsurer formed when Brit relocated a Gibraltar based entity to Bermuda earlier in December, has appointed the former CEO of the reinsurance operations of Axis Capital as a non-executive director. 13 December 2017
Bermuda analysis
One of Bermuda’s biggest captive managers has partnered with a new venture targeting marine, energy and aerospace business to provide A-rated capacity via a structured facility for proportional and non-proportional reinsurance and retrocessional products. 12 December 2017
Bermuda analysis
The growth of captives business from Latin America was one of the targets of a delegation from Bermuda, which has just completed a business development trip to Miami, regarded as a growing hub for business stemming from conduit for Latin and South America. 12 December 2017
USA analysis
Atlas Insurance Management (Atlas), a captive insurance management firm, has hired Gail Olsen as its senior vice president – finance & compliance. 11 December 2017
Analysis
Brit has revealed that it is relocating its Gibraltar-based protected cell company, Brit Insurance (Gibraltar) PCC, to Bermuda. 8 December 2017
Analysis
Innovative risk transfer will influence the future of the captive as a business model, as Marcus Schmalbach of BlockART Institute explains. 8 December 2017
Analysis
The European Union has excluded Bermuda from a 'blacklist' of countries that it claims are not doing enough to crack down on offshore avoidance schemes. 7 December 2017
Analysis
Sedgwick Claims Management Services, a tech-driven risk and benefits solutions provider, has signed an agreement to acquire Cunningham Lindsey, a loss adjusting, claims management and risk solutions firm. 7 December 2017
Accounting & tax analysis
The European Union yesterday released its results of a 10-month investigation into countries that it claims are not doing enough to crack down on offshore tax avoidance schemes. 6 December 2017
Analysis
The Bermuda captive market was profitable for the 2016 financial year-end, with a median loss ratio of 49 percent and combined ratio of 75 percent for Bermuda general business captives. 6 December 2017
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