The number of new captives has risen compared with 2018.
As of 31 December 2019, Bermuda maintained its position as the premier jurisdiction for captives, with a total of 715 captives writing gross premiums of approximately $40 billion.
This is according to the newly released captive number - registration statistics from the Bermuda Monetary Authority (BMA). It said that 22 new captives registered in 2019 compared to 19 in 2018.
25 June 2026 Greg Lang, founder of the Reinsurance and Insurance Network (RAIN), continues his look at the numbers in the captive insurance industry, this time focusing on captive managers.
1 July 2020 COVID-19 will drive the development of new and innovative risk management responses, according to the Bermuda Monetary Authority (BMA), with captives playing a key role in helping their owners mitigate these risks.
26 March 2020 With the EU adding Bermuda to its “white list” of fully cooperative tax jurisdictions, the outlook looks bright for Bermuda’s captive insurance industry in 2020, says Nick Miles of Kennedys.
3 March 2020 Captive International will publish the results of the first captive insurance awards for Bermuda before the Bermuda Captive Conference in June 2020.
1 July 2020 COVID-19 will drive the development of new and innovative risk management responses, according to the Bermuda Monetary Authority (BMA), with captives playing a key role in helping their owners mitigate these risks.
26 March 2020 With the EU adding Bermuda to its “white list” of fully cooperative tax jurisdictions, the outlook looks bright for Bermuda’s captive insurance industry in 2020, says Nick Miles of Kennedys.
3 March 2020 Captive International will publish the results of the first captive insurance awards for Bermuda before the Bermuda Captive Conference in June 2020.