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Generic business image for news article Image: Adobestock/Ashley Kaye

29 January 2025
Bermuda
Reporter Diana Bui

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Bermuda Captive Network hosts Captive Education Summit

The Bermuda Captive Network hosted its annual Captive Education Summit last week at the Bermuda Underwater Exploration Institute, with experts providing updates on regulatory, financial, and investment trends.

The Bermuda Monetary Authority delivered a session on onsite inspections and compliance measures, offering crucial regulatory insights for captives operating in Bermuda.

Meanwhile, industry specialists explored emerging investment opportunities and trends, equipping attendees with strategies to navigate evolving market conditions.

The summit also addressed Bermuda’s corporate income tax updates, with experts analysing their potential impact on captives and identifying both challenges and opportunities within the new framework.

A briefing on Bermuda’s Personal Information Protection Act (PIPA) highlighted the growing importance of data privacy measures in captive operations.

Attendees also gained actuarial and audit perspectives on optimising financial performance and ensuring compliance in the current regulatory environment.

Sherman Taylor, head of capital markets at Ocorian in Bermuda, states: “The 2025 Bermuda Education Summit once again set new standards with engaging, informative presentations on relevant industry topics.

“We congratulate the organisers and presenters on a job well done and look forward to the next event from the Bermuda Captive Network.”

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