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Bermuda analysis
Recently released figures show that 2015 was a strong year for captives formations on Bermuda. Shelby Weldon, director at the Bermuda Monetary Authority, explains to Bermuda Captive why the Island remains at the forefront of this space. 16 June 2016
Bermuda analysis
The Bermuda Insurance Management Association plays a key role in protecting the interests of its members and helping promote both Bermuda and the captives industry generally. Grainne Richmond, its new president, has some additional aims, as she explains to Bermuda Captive. 16 June 2016
Bermuda analysis
Uncertainty over the UK potentially exiting the European Union (EU) has already led to a reduction in internal and external investment in the UK and more disruption is likely if the UK does exit. 16 June 2016
Bermuda analysis
Companies using captives could increasingly come under scrutiny as a result of an initiative launched by the OECD last year designed to counter tax planning strategies that exploit gaps and mismatches in tax rules to shift profits. 16 June 2016
Bermuda analysis
The topic of how to convince the directors of a large company of the merits of forming a captive was raised at a session at the Bermuda Captive Conference entitled Insuring Canadian Risks – Understanding the Opportunity. 16 June 2016
Bermuda analysis
The Base Erosion and Profit Shifting (BEPS) report, published by the OECD last year, should be closely monitored by the captives industry but participants should not be overly worried. 16 June 2016
Bermuda analysis
Trade associations representing different domiciles have much to gain by collaborating and investing in open dialogue and good relationships. 16 June 2016
Bermuda analysis
Bermuda’s captive market is set for strong growth in the next couple of years as a number of positive factors converge to boost interest in the sector and formations, David Gibbons, the chairman of the Bermuda Captive Conference and managing director of PwC Bermuda, has said. 16 June 2016
Bermuda analysis
Marsh has recruited Shelby Weldon, the Bermuda Monetary Authority’s (BMA) director of licensing and authorisation since 2006, into its captives business on Bermuda. 16 June 2016
Bermuda analysis
Though adoption rates remain low, more companies are starting to use their captives to manage their cyber risks. A panel of experts discussed the challenges and implications of this at the Bermuda Captive Conference yesterday (Wednesday June 15). 16 June 2016
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