News

Analysis

Bermuda’s growing captive frontiers: LatAm and Canada

Initiatives led by the Bermuda Business Development Agency and taking a ‘Team Bermuda’ approach are proving successful in generating growth from the Latin American and Canadian markets, business development manager Jereme Ramsay tells Captive International.   30 April 2018

Analysis

Nissan's Bermuda captive receives rating upgrade

Ratings agency AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Nissan Global Reinsurance (NGRe), the Bermuda-based captive insurer of automaker Nissan Motor Co.   12 April 2018

Analysis

Captive insurance specialists to discuss Bermuda regime at RIMS 2018

Senior insurance and regulatory specialists from Bermuda will be discussing the strength of both the island's captive insurance sector and its re/insurance hub on April 17 at a special executive forum at RIMS Annual Conference & Exhibition in San Antonio, Texas.   9 April 2018

Bermuda analysis

Aon captive head steps down to rejoin Artex

Peter Mullen, the Bermuda-based chief executive officer of Aon Captive and Insurance Management, is stepping down from his position.   26 March 2018

Bermuda analysis

Sura Re gets stable rating from AM Best

AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb” to Sura Re (Bermuda). The outlook assigned to these ratings is stable.   22 March 2018

Analysis

Diversity, cyber and blockchain themes for Bermuda Captive Conference

Board diversity, female leadership, cyber risk, blockchain and climate change will be among the hot topics shaping the 2018 agenda of the 14th Bermuda Captive Conference, slated for June 11–13 at Fairmont Southampton.   21 March 2018

Analysis

Owners including Microsoft, Coca-Cola to feature at Bermuda Captive Conference

Representatives from major client corporations self-insuring via Bermuda captives including General Motors, Caterpillar, Microsoft, Coca-Cola, and True Value Hardware Stores will speak at the 2018 Bermuda Captive Conference.   21 March 2018

Analysis

Michigan licenced three new captives in 2017 – one redomiciled from Bermuda

Michigan-domiciled captive insurance companies exceeded $2 billion in written premiums for the first time in 2017 and three new captives were licensed in the state.   21 March 2018

Analysis

Captives can play a meaningful role in cyber risk retention

Most companies are grappling with how to manage cyber risk – and more are turning their attention to captives as a risk management tool that can play an important role in this.   12 March 2018

Analysis

A comprehensive solution to cyber

Cyber risk is evolving but so are the risk transfer solutions available, Anup Seth, managing director of Aon Insurance Managers (Bermuda), tells Captive International.   12 March 2018

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