AkinovA explains that this makes them the first new regulated insurance marketplace since Lloyd’s of London Act of parliament in 1871
Canopius Reinsurance, the Bermuda-based reinsurance company of Canopius, has been granted a Class 4 Reinsurer licence by the Bermuda Monetary Authority
W. R. Berkley Corporation has launched Lifson Re, a special purpose insurer registered in Bermuda and licensed by the Bermuda Monetary Authority
The International Association of Insurance Supervisors has appointed Ricardo Garcia and Marcelo Ramella of the Bermuda Monetary Authority staff to its committee
Randall & Quilter Investment Holdings (R&Q) has signed an agreement to issue 13-year unsecured subordinated Tier 2 notes for $107.75 million
Citadel Risk has revealed $1.4 million in underwriting profits as part of its Q2 2020 financial results
The Bermuda Monetary Authority has cancelled the insurance registration of Phoenix CRetro Reinsurance Company, a special purpose insurer after breaching four key areas of the Insurance Act
Gerald Gakundi has been promoted to director, supervision of insurance at the Bermuda Monetary Authority
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...
