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Willis Towers Watson has appointed Paul Bailie as head of its Bermuda captive practice. 6 March 2018
Analysis
French Insurer AXA has agreed to acquire Bermuda-based XL Group for $15.3 billion (€12.4 billion) in cash. 5 March 2018
Analysis
Bermuda’s insurance industry registered a total of 58 new insurers, ranging from captives and long-term re/insurers to special purpose insurers (SPIs), compared to 42 in 2016, according to Bermuda Monetary Authority (BMA) statistics. 1 March 2018
Analysis
Bermudian attorney and managing partner Michael Hanson in association with offshore firm Carey Olsen has established a new practice in Bermuda. 8 February 2018
Analysis
Bermuda Monetary Authority registered 17 new captives in 2017, up from 13 new captives year-on-year. 7 February 2018
Analysis
Two members of the Bermuda Monetary Authority's (BMA) senior management team, Craig Swan and Marcelo Ramella, will serve as co-vice chairs - the first time at a committee level - for the International Association of Insurance Supervisors (IAIS), a global standard setting body which promotes effective and globally consistent supervision of the insurance industry. 26 January 2018
Analysis
Randall & Quilter Investment Holdings (R&Q) is selling its insurance services and captive managements operations to Davies Group, an operations management, consultancy and digital solutions provider. 15 January 2018
Analysis
Acrisure, an insurance broker which has agency partners that offer insight and guidance for prospective captive owners, has reached an agreement to acquire 100 percent of re/insurance intermediary Beach & Associates’ equity from existing shareholders. 10 January 2018
Analysis
The University of Vermont (UVM) Health Network has said that it will be moving its captive insurance company to Vermont from Bermuda. 5 January 2018
Bermuda analysis
Old Mutual has sold Constantia Insurance Company (Guernsey), a captive company currently in run-off, to Bermuda-based Randall & Quilter Investment Holdings (R&Q) for £1.5 million. 2 January 2018
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