10 February 2021Bermuda analysis

BMA confirms one captive registration in January

The Bermuda Monetary Authority (BMA) licensed BPG Bermuda Insurance as a multi owner captive in January.

The new captive was one of three re/insurance entities registered by the BMA in January. It also registered Home Re 2021-1 as a special purpose insurer, while Argo Insurance Services Bermuda was licensed as an agent.

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21 August 2023   The regulator and the cell company are co-operating to recover assets from the troubled insurtech.
14 August 2023   New companies were registered on the island in July.
22 June 2023   Three captives were registered on the island in May of this year.