12 October 2020Actuarial & underwriting

BMA registers two new captives in September

The Bermuda Monetary Authority registered two new single parent captives in September.

Northern Insurance Company registered with the BMA on september 1, while 1905 Insurance Company (Bermuda) registered on September 28.

In all the BMA has registered six new single parent captives in 2020, as well as two multi owner captives.