Randall & Quilter Investment Holdings has reached an agreement to merge its wholly-owned subsidiary, Sandell Re, with Tradesman Program Managers in return for a 35 percent interest in the combined entity
HSCM Bermuda Management Company has formed Bumblebee Re, a special purpose insurer, after receiving approval from the Bermuda Monetary Authority
Bermuda saw 22 new captives were registered during 2019, according to the Bermuda Monetary Authority, up from the 19 registered the year before
Cryptocurrency exchange and custodian Gemini Trust Company has launched Nakamoto, a captive insurance company licensed by the Bermuda Monetary Authority
The Bermuda Monetary Authority’s board of directors have appointed Craig Swan as deputy chief executive officer of the authority, effective 01 January 2020
Global pharmaceutical company, Daiichi Sankyo, has formed a captive insurance company in Bermuda, according to a recent filing release from the Bermuda Monetary Authority
Jeremy Cox, executive chair of the BMA, will become the fourth recipient of the Fred Reiss Lifetime Achievement Award
The BMA has issued the first licence under its innovative Insurance Regulatory Sandbox to AkinovA, an electronic marketplace for the transfer and trading of reinsurance risks
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...