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This year’s Bermuda Captive Conference has an increased focus on engaging young professionals looking to transition into the insurance industry, particularly captives, as part of its community outreach programme. 10 June 2019
Analysis
Against a backdrop of more US captive domiciles gaining prominence and maturing, companies may opt to keep their captives onshore. The Bermuda captive community will therefore need to focus on continuous improvement and take the necessary steps to retain existing captives and attract new captives that are fit for what Bermuda offers. 10 June 2019
Analysis
With the hardening of the commercial insurance market for many lines of business, captives are being used more for either increasing retentions or new lines that were traditionally placed in the commercial market when it was softer. 10 June 2019
Analysis
Bermuda’s insurers - and by extension captive insurers - have until July 1 to meet the government’s new economic substance requirements, although much of the industry is confident captives are in a good position to satisfy these requirements and that the impact of the legislation will be minor. 10 June 2019
Analysis
Fairtide Insurance, Iboba Insurance, Pitts Bay Insurance Company and Trimark Insurance have been admitted to Bermuda's Captive Hall of Fame. 5 June 2019
Analysis
The fourth Fred Reiss Lifetime Achievement Award, named after captive pioneer Frederic Reiss, will be presented to Jeremy Cox, executive chair of the Bermuda Monetary Authority (BMA) at the upcoming Bermuda Captive Conference on June 11. 4 June 2019
Analysis
The Economic & Financial Affairs Council (ECOFIN) in Brussels has removed Bermuda, Barbados and Aruba from the list of non-cooperative tax jurisdictions, the so called EU 'blacklist'. 17 May 2019
Analysis
It is possible Bermuda will be removed from the European Union's list of non-cooperative jurisdictions in tax matters - also known as the blacklist - at a meeting of EU finance ministers (ECOFIN) on May 17. 15 May 2019
Analysis
Strategic Risk Solutions (SRS) has assumed the management of Old Main Assurance, the Bermuda-based captive of Texas energy company Marathon Oil, from Marsh. 8 May 2019
Analysis
Bermuda-based insurance and ILS manager Horseshoe Group has appointed Fred LeMoine as its new head of insurance management. 29 April 2019
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