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The captive insurance industry in Bermuda contributes around $174 million every year to the island’s economy, according to research conducted by PwC for the Bermuda Insurance Management Association (BIMA). 15 September 2017
Analysis
New and prospective captive owners from emerging markets such as Canada and Europe have experienced Bermuda’s key industry role in the captive market first-hand at the Bermuda Captive Conference, according to conference chair David Gibbons. 14 September 2017
Analysis
GC Securities has announced the creation of Cerulean Re, a private syndicated collateralised reinsurance platform and Bermuda registered segregated account company and licensed special purpose insurer. 11 September 2017
Analysis
Bermuda Premier David Burt will open the upcoming Bermuda Captive Conference this year, held at the Fairmont Southampton Resort in Bermuda on September 10-13. 4 September 2017
Bermuda analysis
Willis Towers Watson has boosted its captives practice on Bermuda by hiring the former was co-chief executive officer of Tokio Solution Management. 9 August 2017
Analysis
Bermudian corporate lawyer Michael Burns has been selected winner of the second Fred Reiss Lifetime Achievement Award. 24 July 2017
Accounting & tax analysis
The Federation of European Risk Management Associations (FERMA) has proposed guidelines for captive re/insurance arrangements aimed at ensuring a consistent implementation of the OECD recommendations on Base Erosion and Profit Shifting (BEPS). 20 June 2017
Analysis
Insurance and risk managers will need to work together to create a new business model, if they are to retain value and relevance to business, according to analysis from Airmic, AXA Corporate Solutions, Chubb and JLT Specialty. 19 June 2017
Analysis
Captives are continuing to demonstrate their value in the management and retention of risk, as they venture out from covering mainstay risks to the more non-traditional. 19 June 2017
Analysis
The Bermuda Business Development Agency (BDA) has appointed Greg Wojciechowski to its board of directors. 16 June 2017
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