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Crypto-native insurance marketplace Nayms has become the first platform of its kind to become fully-regulated in the territory of Bermuda
The Bermuda Monetary Authority has appointed Ricardo Garcia as managing director, where he will be responsible for the authority’s supervision of insurance, banking, trust, corporate services, and investment regulated entities
The Bermuda captive market is likely to see an increased interest in cyber insurance as captives continue to demonstrate their value to companies in managing cyber risk exposure, according to a new report by the Bermuda Monetary Authority
The US has retained its position as Bermuda’s largest reinsurance partner, with Bermuda reinsurers paying out over $400 billion to US policyholders and cedants since 1997
The Bermuda Monetary Authority has appointed Donald Scott as chairman of the board from his previous position of deputy chairman, effective 1 October
Catherine Duffy has been awarded the Fred Reiss Lifetime Achievement Award at the Bermuda Captive Conference for her outstanding commitment and contribution to Bermuda’s captive industry
There is ‘significant interest’ in cannabis companies looking for alternative ways to deal with insurance problems, and captives are a great way for them to look at solving that challenge, according to Patrick Ferguson of Marsh Canada
Shelby Weldon, who has over 30 years of experience in Bermuda financial services, will lead BILTIR in its mission to advocate for Bermuda’s life and annuity industry
As a key emerging market tapped by captives, how does the cannabis industry address risk and insurance in the face of misconceptions and a challenging federal mandate in the US?
Economic substance legislation was designed to protect the reputation of offshore jurisdictions. Industry experts discuss how Bermuda works to remain compliant
Bermuda has always been at the forefront of innovation in the insurance industry, Stephanie Sanderson of Beesmont explains how the Island is continuing that tradition with its latest developments in insurtech
Tony Weller of Citadel Risk explains why being able to fully fund your cell captive is the most important thing for owners to consider when setting up
With a rise in cannabis businesses looking to captive insurance programmes, Kim Wiley, senior counsel at ASW Law, discusses the reasons behind the interest and some of the challenges that remain
With the Bermuda Captive Conference due to take place virtually again this year, the event chair Leslie Robinson discusses what’s on the agenda this year and the current captive climate in Bermuda
Appleby and Bermuda are optimistic about the future of Latin American captives. Eduardo Fox explains
Economic changes in Canada have companies considering captives in warmer climes for their insurance coverage. Kim Willey of ASW Law explains
Members of Bermuda’s captive industry talk to Rebecca Delaney about the island’s promising captive market bolstered by, among other factors, emerging structures and economic substance requirements
As a leader in the captive industry, Bermuda continued to see a year-on-year increase to its captive figures in 2019. Industry experts discuss current market trends, regulation and what to expect for this year
Latin America needs more capacity in its insurance industry and consistent regulation if its economies are going to recover
Bermuda’s captive industry has had to move with the times to keep its place among heavyweight competition...
