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Bermuda analysis
The Bermuda Business Development Agency (BDA), which takes a lead role on Bermuda in the promotion of captives, has made some high profile changes to its board including the appointment of a well-known figure in the island’s captives community. 14 December 2017
USA analysis
Hanover Stone Partners, a risk management services firm, has appointed two senior risk advisors into the leadership team of Hanover Stone Partners CaptiveGuard, the firm’s specialty practice providing governance and related advisory services for captive insurance companies and their parent organisations. 14 December 2017
Bermuda analysis
Brit Re, the newly established captive reinsurer formed when Brit relocated a Gibraltar based entity to Bermuda earlier in December, has appointed the former CEO of the reinsurance operations of Axis Capital as a non-executive director. 13 December 2017
Bermuda analysis
One of Bermuda’s biggest captive managers has partnered with a new venture targeting marine, energy and aerospace business to provide A-rated capacity via a structured facility for proportional and non-proportional reinsurance and retrocessional products. 12 December 2017
Bermuda analysis
The growth of captives business from Latin America was one of the targets of a delegation from Bermuda, which has just completed a business development trip to Miami, regarded as a growing hub for business stemming from conduit for Latin and South America. 12 December 2017
USA analysis
Atlas Insurance Management (Atlas), a captive insurance management firm, has hired Gail Olsen as its senior vice president – finance & compliance. 11 December 2017
Analysis
Brit has revealed that it is relocating its Gibraltar-based protected cell company, Brit Insurance (Gibraltar) PCC, to Bermuda. 8 December 2017
Analysis
Innovative risk transfer will influence the future of the captive as a business model, as Marcus Schmalbach of BlockART Institute explains. 8 December 2017
Analysis
The European Union has excluded Bermuda from a 'blacklist' of countries that it claims are not doing enough to crack down on offshore avoidance schemes. 7 December 2017
Analysis
Sedgwick Claims Management Services, a tech-driven risk and benefits solutions provider, has signed an agreement to acquire Cunningham Lindsey, a loss adjusting, claims management and risk solutions firm. 7 December 2017
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