Friday, April 12, 2019
Fraser Irving

Former JLT president joins SRS

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Strategic Risk Solutions (SRS) has hired former JLT Insurance Management president Richard...
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Wednesday, March 27, 2019
Fraser Irving

Bermudian govt. travels to Europe in bid to escape blacklist

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The Bermudian government is sending a team to Europe in a bid...
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Thursday, March 14, 2019
Fraser Irving

Industry groups back Bermuda reputation

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Industry groups in Bermuda have backed the government’s efforts to remove the...
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Tuesday, March 12, 2019
Fraser Irving

Bermuda among jurisdictions blacklisted by EU

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Bermuda has been blacklisted after failing to meet the European Union’s criteria...
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Friday, March 08, 2019
Fraser Irving

ChainThat launches blockchain insurance exchange

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A risk and capital exchange for the insurance and reinsurance market is...
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Thursday, February 14, 2019
Fraser Irving

Bermuda captive numbers drop for second year

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The number of captives licensed in Bermuda has dropped for the second...
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Friday, January 11, 2019
Fraser Irving

Arrowsmith joins WTW as Bermuda head of client service, development

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Willis Towers Watson (WTW) has hired Steve Arrowsmith as EVP, head of...
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Friday, January 04, 2019
Fraser Irving

Fleming Re acquires P&C liabilities from SeQure Underwriters

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Fleming Re has acquired the outstanding property and casualty liabilities from United...
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Wednesday, January 02, 2019
Fraser Irving

Half of new Bermuda formations from automotive, manufacturing, retail – BMA

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Half of all new captive formations in Bermuda came from the automotive,...
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Monday, December 10, 2018
Fraser Irving

Aon names Anup Seth global leader of underwriting solutions

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Aon's captive and insurance management team has named Anup Seth global leader...
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Wednesday, November 28, 2018
Fraser Irving

Companies facing new risks should choose Bermuda – BEF

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A new wave of companies cut off by the commercial insurance market...
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Friday, July 13, 2018
Richard Cutcher

Pennsylvanian schools among new captive owners in Bermuda

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The Pennsylvania School Boards Association has formed a captive in Bermuda, among...
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Monday, June 18, 2018
Richard Cutcher

Canadian owned captives migrating towards Bermuda

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The Linamar Corporation is among two new Canadian captive owners in Bermuda...
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Thursday, June 14, 2018
Richard Cutcher

Bermuda’s regulatory sandbox a “safe space” for insurance innovation

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The Bermuda Monetary Authority (BMA) is hopeful its regulatory sandbox and innovation...
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Monday, June 11, 2018
Richard Cutcher

SAC cells to be added to Bermuda’s beneficial ownership guidelines

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Owners of separate accounts of segregated account companies (SACs) in Bermuda could...
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Wednesday, June 06, 2018
Richard Cutcher

Kathleen Bibbings takes over BIMA presidency

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Kathleen Bibbings, of AIG, has taken the reins of the Bermuda Insurance...
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Thursday, May 10, 2018
Richard Cutcher

Thermo Fisher Scientific among five new Bermuda captives

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Five new captive insurers were licensed in Bermuda during the first four...
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Thursday, April 12, 2018
Richard Cutcher

Nissan captive has rating upgraded

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The Bermuda-domiciled captive owned by Nissan Motor Co, Ltd has had its...
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Wednesday, April 04, 2018
Richard Cutcher

Beneficial ownership rules come into force in Bermuda

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Bermuda’s beneficial ownership register is now in operation bringing the jurisdiction further...
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Monday, February 26, 2018
Richard Cutcher

Exclusive: Paul Bailie takes reins at WTW’s Bermuda captive operation

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The Bermuda office in Willis Towers Watson’s global captive practice is now...
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Wednesday, February 14, 2018
Richard Cutcher

Tremendous growth potential for EB captive model – Brian Quinn

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Brian Quinn, of Bermuda-based Granite Management, believes the concept of writing employee...
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Wednesday, February 07, 2018
Richard Cutcher

Bermuda licences 17 new captives in 2017

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Seventeen new captives were licensed in Bermuda during 2017, leaving the largest...
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Wednesday, February 07, 2018
Richard Cutcher

Carey Olsen, Michael Hanson launch Bermuda practice

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Carey Olsen has joined forces with Bermudian lawyer Michael Hanson to launch...
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Tuesday, January 16, 2018
Richard Cutcher

Section 953(d) electing captives “may become more prevalent” in Bermuda

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One outcome from the United States’ tax reform bill could be more...
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Sunday, December 31, 2017
Richard Cutcher

Vermont health network to move captive home

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The University of Vermont Health Network will re-domesticate its Bermuda captive to...
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Monday, December 11, 2017
Richard Cutcher

Brit to move Gibraltar captive to Bermuda

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The Gibraltar-domiciled protected cell company (PCC) owned by Lloyd’s underwriters Brit will...
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Wednesday, December 06, 2017
Richard Cutcher

Major captive domiciles avoid EU blacklist

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The Cayman Islands, Bermuda, Guernsey and the Isle of Man have committed...
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Monday, September 11, 2017
Richard Cutcher

SRS launches Bermuda cell company

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Strategic Risk Solutions has launched a new segregated accounts company (SAC) in...
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Monday, September 11, 2017
Richard Cutcher

GC Securities and Marsh launch Bermuda platform

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GC Securities and Marsh Captive Solutions have joined forces to launch a...
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Monday, September 11, 2017
Richard Cutcher

Captive business generates annual $174m for Bermuda

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The captive insurance industry contributes $174m to Bermuda’s economy every year, according...
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Friday, September 08, 2017
Richard Cutcher

Bermuda and Cayman captives produce strong returns

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The 30 A.M. Best rated captives domiciled in Bermuda and the Cayman...
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Monday, August 21, 2017
Richard Cutcher

Ireland deemed ‘compliant’, Bermuda and Cayman Islands ‘largely compliant’ by Global Forum

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The Global Forum on Transparency and Exchange of Information for Tax Purposes...
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Thursday, June 08, 2017
Richard Cutcher

EY appoints captive leader in Bermuda

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EY has appointed Umer Islam as leader of its captive insurance practice...
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Monday, June 05, 2017
Richard Cutcher

MTA returns with second cat bond, adds earthquake risk

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New York State’s Metropolitan Transportation Authority (MTA) has used its captive to...
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Wednesday, May 17, 2017
Richard Cutcher

Owners beginning to executive their Beps plans – Anup Seth

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Captive owners, particularly those from Europe, are beginning to act on the...
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Monday, May 01, 2017
Richard Cutcher

Aon enhances run-off expertise as captive market matures

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Aon’s Bermuda operation is becoming more actively involved in legacy solutions and...
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Thursday, April 27, 2017
Richard Cutcher

Solvency II equivalence beneficial to Bermuda’s captive market – Jeremy Cox

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One year on from achieving Solvency II equivalence Jeremy Cox, CEO of...
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Wednesday, April 26, 2017
Richard Cutcher

Deputies take on Weldon’s role at BMA

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There are no plans to appoint a direct replacement for Shelby Weldon,...
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Thursday, April 20, 2017
Richard Cutcher

Butler captive up and running, new risk manager brought in

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Butler University sent 14 risk management students to Bermuda earlier this month...
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Tuesday, March 21, 2017
Richard Cutcher

R&Q acquires Bermuda captive

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Run-off specialists R&Q has agreed to acquire the wholly-owned captive insurer of...
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Friday, February 24, 2017
Richard Cutcher

Aon partners fund manager to launch new ILS platform

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Aon Insurance Managers has partnered with the largest fund administrator in the...
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Thursday, February 16, 2017
Richard Cutcher

Sony captive has outlook revised

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The Bermuda-domiciled captive owned by Sony Corporation has had its ratings outlook...
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Monday, February 13, 2017
Richard Cutcher

Shell pension captive among Bermuda’s new 2016 licences

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The Bermuda Monetary Authority licensed 13 new captives in 2016 and ended...
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Thursday, September 29, 2016
Richard Cutcher

KPMG’s Richard Lightowler to retire, Morrison steps in

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Richard Lightowler, managing director and head of insurance at KPMG in Bermuda,...
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Friday, August 19, 2016
Richard Cutcher

Children’s Health System re-domiciles Bermuda captive

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Virginia-based Children's Health System Inc, which operates the Children's Hospital of The...
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Tuesday, August 16, 2016
Richard Cutcher

Marsh completes Shelby Weldon coup

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Shelby Weldon, formerly director of licensing and authorisation at the Bermuda Monetary...
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Thursday, August 04, 2016
Captive Review

Video: Michael Frith on emerging markets in Bermuda

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Michael Frith, director in the corporate department in the Bermuda office of...
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Tuesday, July 26, 2016
Captive Review

Video: David Doyle on Solvency II equivalence in Bermuda

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David Doyle, of Conyers Dill & Pearman, discusses industry's reaction to Solvency...
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Wednesday, July 20, 2016
Captive Review

Video: Charles Collis on Bermuda ILS growth

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Charles Collis, of Conyers Dill & Pearman, discusses the growth in Bermuda's...
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Monday, July 18, 2016
Richard Cutcher

R&Q adds Bermuda cell company to legacy acquisitions

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Run-off specialists R&Q have completed to acquisition of Agency Program Insurance Company...
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Friday, July 01, 2016
Richard Cutcher

Bermuda considers LLC legislation, inspired by Delaware

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The Bermuda government is considering new legislation that would introduce limited liability...
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Friday, June 10, 2016
Captive Review

Citadel renames its captive management division

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Cedar Management has been renamed Citadel Management Bermuda Limited to reflect its...
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Thursday, June 02, 2016
Jo Cole

Bermuda Report 2016

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Bermuda has a rich history as the world’ leading offshore jurisdictions for...
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Monday, May 09, 2016
Richard Cutcher

Aon Bermuda appoints new MD

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Aon Insurance Managers (Bermuda) has appointed Anup Seth as its managing director,...
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Wednesday, April 20, 2016
Richard Cutcher

Bermuda’s Insurance Manager Code of Conduct open for comment

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The Bermuda Monetary Authority (BMA) has published its Insurance Manager Code of...
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Tuesday, April 19, 2016
Richard Cutcher

Husbands and Bird take new roles in Marsh’s Bermuda office

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Jill Husbands has been made chairman of Marsh IAS Bermuda, while Lawrence...
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Thursday, February 04, 2016
Richard Cutcher

SOBC makes first Bermuda captive acquisition

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Run-off specialists SOBC Corp has completed the acquisition of Insuratex, Ltd, a...
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Friday, January 15, 2016
Richard Cutcher

Bermuda licenses 22 new captives

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Bermuda, the largest captive insurance domicile in the world, licensed 22 new...
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Thursday, November 26, 2015
Richard Cutcher

Bermuda achieves SII equivalence with captive carve-out

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The Bermuda Monetary Authority’s (BMA) (re)insurance regulatory regime has been approved as...
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Tuesday, November 10, 2015
Richard Cutcher

Exclusive: Oliver Heyliger leaves Willis’ Bermuda office

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Oliver Heyliger has resigned as managing director of Willis Global Captive Practice’s...
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Wednesday, October 14, 2015
Richard Cutcher

UPDATE: Amtrak confirm $275m cat bond completion

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The Amtrak issued catastrophe bond has been completed at $275m, $75m above...
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Monday, September 07, 2015
Richard Cutcher

EIOPA publishes Bermuda progress on Solvency II

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The European Insurance and Occupational Pensions Authority (EIOPA) has recognised the progress...
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Thursday, August 27, 2015
Richard Cutcher

INPEX captive rated ‘Excellent’

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Japanese oil company the INPEX Corporation has had the financial strength rating...
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Tuesday, July 14, 2015
Richard Cutcher

Half year captive formations up in Bermuda

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Bermuda has licensed 10 new captive insurance companies in the first half...
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Tuesday, June 23, 2015
Richard Cutcher

Poland removes Bermuda from blacklist as domicile fights back

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Poland has removed Bermuda from its “blacklist” of countries that are deemed...
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Monday, June 15, 2015
Captive Review

Healthcare Report 2015

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Creating or joining a captive vehicle to cover your healthcare risks is...
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Monday, June 08, 2015
Richard Cutcher

The Bermuda Report 2015

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Bermuda is an established and well respected domicile for both traditional and...
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Monday, June 08, 2015
Richard Cutcher

Bermuda’s Solvency II equivalence bid reaches European Parliament

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Bermuda’s bid to achieve full Solvency II equivalence, excluding its captives, has...
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Thursday, May 07, 2015
Richard Cutcher

Guernsey will not follow Bermuda on Solvency II equivalence – Dominic Wheatley

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Dominic Wheatley, chief executive of Guernsey Finance, has put to bed claims...
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Tuesday, May 05, 2015
Captive Review

Latin American captives drive growth in Bermuda

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Latin American companies accounted for 25% of all the new captives established...
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Monday, April 27, 2015
Richard Cutcher

Bermuda relishing domicile competition, anticipates Solvency II approval

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Shelby Weldon, director of licensing and authorisation at the Bermuda Monetary Authority...
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Friday, April 17, 2015
Richard Cutcher

Expect Guernsey and others to follow Bermuda approach to Solvency II equivalence – Malcolm Cutts-Watson

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Offshore jurisdictions may reconsider whether to seek Solvency II equivalence if Bermuda...
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Friday, April 10, 2015
Richard Cutcher

JLT Towner Bermuda targets US business

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Beverley Todd, executive vice president for international captive manager JLT Insurance Management...
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Thursday, April 02, 2015
Richard Cutcher

New chairman for Willis Bermuda

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Paul Scope has been appointed the chairman of Willis Bermuda, a role...
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Thursday, April 02, 2015
Richard Cutcher

Bermuda makes move to meet Solvency II caveats

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The Bermuda Monetary Authority (BMA) has published the enhancements it plans to...
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Wednesday, April 01, 2015
Richard Cutcher

ECIROA seeking EIOPA clarity on Solvency II third country equivalence

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Guenter Droese, chairman of the European Captive Insurance and Reinsurance Owners’ Association...
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Friday, March 20, 2015
Richard Cutcher

Roundstone partners Columbus Chamber of Commerce for healthcare captive

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The Columbus Chamber of Commerce has formed an exclusive partnership with Ohio-based...
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Wednesday, March 04, 2015
Richard Cutcher

Bermuda at a crossroads in relationship with Europe – Jeremy Cox

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Jeremy Cox, CEO of the Bermuda Monetary Authority (BMA), has used the...
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Tuesday, February 03, 2015
Richard Cutcher

Captive formations in Bermuda slows as 16 new entities licensed in 2014

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Bermuda, the world’s largest captive domicile, licensed 16 new captives in the...
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Tuesday, January 06, 2015
Richard Cutcher

GVB utilise Bermudan SAC for first Swiss Franc cat bond

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Switzerland-based building insurer Gebäudeversicherung Bern (GVB) has issued the first Swiss Franc-denominated...
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Monday, December 22, 2014
Richard Cutcher

Bermuda progress towards Solvency II equivalence, captives not included

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Solvency II equivalence for Bermuda has moved one step closer after the...
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Friday, December 05, 2014
Richard Cutcher

EFG set to begin Bermuda operation

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EFG Wealth Management will open a new office in Bermuda on 15...
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Tuesday, November 25, 2014
Richard Cutcher

Sony captive rated ‘Excellent’, expected to add employee benefits

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The Bermuda pure captive PMG Assurance, owned by technology giant Sony, has...
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Friday, November 21, 2014
Richard Cutcher

Evergreen captive rated ‘Excellent’

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The Bermuda-domiciled pure captive Evergreen Insurance Company Limited (EICL) has had its...
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Tuesday, November 18, 2014
Richard Cutcher

MetLife complete captive re-domestication as part of wider merger

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Life insurance giant MetLife has completed the re-domestication of its Bermuda captive...
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Friday, November 14, 2014
Richard Cutcher

R&Q poised for two captive acquisitions in Bermuda

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Randall & Quilter has announced Group pre-tax results for the year ending...
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Thursday, November 13, 2014
Richard Cutcher

Bermuda and Ireland recommended for reinsurance jurisdiction approval by NAIC

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The National Association of Insurance Commissioners (NAIC), in the United States, has...
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Wednesday, September 03, 2014
Richard Cutcher

Bermuda and Norway among positives in R&Q results

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Bermuda, Norway and the United States were among the positive aspects of...
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Monday, September 01, 2014
Richard Cutcher

Bermuda’s ILS surge confirmed

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Bermuda’s bumper 2013 for insurance-linked securities (ILS) has been confirmed by Axco,...
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Friday, August 29, 2014
Richard Cutcher

Xapo insures Bitcoin vault through captive

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Bitcoin wallet company Xapo has announced it has been insuring its users’...
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Friday, August 22, 2014
Richard Cutcher

The BDA appoints Ross Webber as CEO

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The Bermuda Business Development Agency (BDA) has appointed Ross Webber as chief...
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Friday, August 08, 2014
Richard Cutcher

Kane catbonds surpass $135m in 12 months

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Kane SAC has issued two new notes on the Bermuda Stock Exchange...
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Thursday, August 07, 2014
Richard Cutcher

Vale’s Barbados captive rated by Moody’s, risk transferred from Switzerland

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Brazilian mining giant Vale S.A. has had its Barbados captive assigned a...
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Wednesday, July 30, 2014
Richard Cutcher

Captive and SPI growth slows in Bermuda

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The Bermuda Monetary Authority (BMA) licensed seven new captives in the first...
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Friday, June 06, 2014
Richard Cutcher

CTC Insurance Management signs up new COO

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William Wood has been appointed chief operating officer at Bermuda-based CTC Insurance...
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Friday, May 23, 2014
Richard Cutcher

UFP has ‘Excellent’ A.M. Best rating affirmed for Bermuda captive

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Ardellis Insurance Ltd, the single parent captive of Universal Forest Products, has...
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Friday, April 11, 2014
Richard Cutcher

Bermuda Report 2014

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Featuring insights from the BMA, KPMG, Artex, Butterfield and several other leading...
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Wednesday, April 09, 2014
Richard Cutcher

Bermuda stats show Latam is more than just hype

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Latin American interest in captives materialised into formations last year, with a...
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Friday, January 24, 2014
Richard Cutcher

BMA to introduce electronic reporting

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The Bermuda Monetary Authority (BMA) plans to introduce electronic reporting for its...
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Monday, January 20, 2014
Richard Cutcher

BMA insurance registrations up 72%

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Bermuda registered 24 new captives and a record 51 special purpose insurers...
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Friday, January 17, 2014
Richard Cutcher

Bermuda captive receives positive rating

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Ratings agency AM Best has affirmed the financial strength rating of A-...
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Monday, January 06, 2014
Richard Cutcher

ILS listings buoyant in Bermuda

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The Bermuda Stock Exchange (BSX) listed almost $10bn in insurance-linked securities (ILS)...
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Friday, January 03, 2014
Richard Cutcher

BMA appoints insurance supervisor

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The Bermuda Monetary Authority (BMA) has appointed Andrew Gibbs as the director...
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Friday, December 13, 2013
Richard Cutcher

Bermuda sees 76% more captives than 2012

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Bermuda has maintained solid growth in its captive insurance sector so far...
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Thursday, December 12, 2013
Richard Cutcher

Ecopetrol’s captive gets rating upgrade

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Global ratings agency Fitch, has upgraded the Insurer Financial Strength (IFS) of...
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Tuesday, December 10, 2013
Richard Cutcher

Bermuda based SAC Re finds buyer

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S.A.C. Re Holdings, Ltd. has found a buyer for its Bermuda-based Class...
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Monday, December 09, 2013
Richard Cutcher

Argo establishes Bermuda SPI

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Insurance and reinsurance company Argo Group have established a new Bermuda-domiciled special...
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Friday, November 29, 2013
Richard Cutcher

After the deluge

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The appeal of ILS is obvious: it is uncorrelated to the broader...
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Thursday, November 28, 2013
Richard Cutcher

Bermuda signs UK IGA

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Bermuda signed a Foreign Account Tax Compliance Act (FATCA) Intergovernmental Model 2...
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Tuesday, November 12, 2013
Richard Cutcher

Third Point Re reports positive Q3

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Bermudian reinsurer Third Point Re reported increases in underwriting and investment returns...
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Friday, November 08, 2013
Richard Cutcher

Bermudian reinsurer appoints board members

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Bermuda-based specialty property and casualty reinsurer Third Point Reinsurance Ltd., has appointed...
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Wednesday, October 30, 2013
Richard Cutcher

Bermuda to become Islamic finance hub

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Bermuda plans to become a leading western destination for Islamic finance, building...
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Thursday, October 24, 2013
Richard Cutcher

Bermuda-based BNY Trade gets positive rating

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AM Best has affirmed the financial strength rating of A (Excellent) and...
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Thursday, October 24, 2013
Richard Cutcher

Bermuda insurance registrations increase

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Bermuda’s insurance company registrations have increased 61% year-on-year. The latest figures from...
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Wednesday, October 23, 2013
Richard Cutcher

Bermuda's Aspen Re launches Rock Re

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Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited has...
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Friday, October 18, 2013
Richard Cutcher

Endurance Re US appoints CUO

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Bermuda-based specialty insurer, Endurance Specialty Holdings Ltd. has appointed Christopher Donelan as...
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Wednesday, October 16, 2013
Richard Cutcher

Hiscox Bermuda makes two appointments

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Specialty insurer Hiscox has expanded its non-property catastrophe business with two Bermuda-based...
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Tuesday, October 15, 2013
Richard Cutcher

Tokio Millennium Re completes redomestication

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Tokio Millennium Re (TMR), a subsidiary of Tokio Marine Holdings Inc. &...
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Tuesday, October 08, 2013
Richard Cutcher

Endurance appoints executive vice president

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Specialty (re)insurance provider, Endurance Specialty Holdings, has appointed Graham Evans as executive...
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Friday, October 04, 2013
Richard Cutcher

SAC Capital looking for SAC Re buyer

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Hedge fund firm SAC Capital Advisors LP is seeking a buyer for...
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Friday, October 04, 2013
Richard Cutcher

Ironshore appoints Johnson to Pembroke board

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Bermuda-based specialty property and casualty broker Ironshore has appointed Mark Johnson to...
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Thursday, October 03, 2013
Richard Cutcher

Fairfax completes American Safety acquisition

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Fairfax Financial Holdings Limited has completed its acquisition of American Safety Insurance...
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Thursday, September 26, 2013
Richard Cutcher

Validus establishes Swiss underwriting operation

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Bermuda-based Validus Holdings is establishing a Swiss underwriting company, transforming the existing...
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Friday, September 20, 2013
Richard Cutcher

The Great Migration

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While a perfect storm of political and fiscal pressure is causing US...
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Thursday, September 19, 2013
Richard Cutcher

German hailstorm to cost PartnerRe up to $60m

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PartnerRe has estimated that the cost of the German hailstorms in July...
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Wednesday, September 18, 2013
Richard Cutcher

Catalina acquires Bermudian reinsurer

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Bermuda-based runoff consolidator Catalina Holdings has signed an agreement to acquire Alea...
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Tuesday, September 17, 2013
Richard Cutcher

BMA accepts NAIC qualified jurisdictions listing

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The Bermuda Monetary Authority (BMA) has accepted its invitation to participate in...
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Tuesday, September 10, 2013
Richard Cutcher

Enstar complete acquisition of Bermuda reinsurer

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Bermuda-based run-off specialists Enstar Group Limited has completed the joint acquisition of...
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Thursday, September 05, 2013
Richard Cutcher

Bermuda SPI appoints CEO

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Bermuda-based special purpose insurer (SPI) Multi-Strat Re Ltd has appointed Bob Forness...
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Friday, August 30, 2013
Richard Cutcher

R&Q complete Bermuda move

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Independent captive manager and run-off specialists Randall & Quilter (R&Q) has completed...
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Friday, August 23, 2013
Richard Cutcher

Bermuda reports steady captive growth

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Bermuda registered 47 new insurers for the period ending July 2013; this...
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Tuesday, August 20, 2013
Richard Cutcher

Tower terminates acquisition of ASRe

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Bermuda-based international insurer Tower Group International will not acquire American Safety Reinsurance...
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Monday, August 12, 2013
Richard Cutcher

Drop in Enstar's H1 profits

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Bermuda-based run-off specialists, Enstar Group has reported a net profit of $19.1m...
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Tuesday, August 06, 2013
Richard Cutcher

Michael Harden named CEO of Willis Re Bermuda

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Michael Harden, currently chairman of Willis Re Australia, has been appointed CEO...
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Thursday, August 01, 2013
Richard Cutcher

Bermuda's Axis Capital reports Q2 profit fall

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Bermuda-based insurer and reinsurer Axis Capital Holdings Ltd. reported net income of...
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Wednesday, July 31, 2013
Richard Cutcher

S.A.C Re's ratings placed under review

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Rating agency, A.M. Best has placed the financial strength rating of “A-...
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Tuesday, July 30, 2013
Richard Cutcher

Editor's Letter: August 2013

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One of the advantages of writing about captive insurance for a living...
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Tuesday, July 30, 2013
Richard Cutcher

PartnerRe reports Q2 losses

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Bermuda-based PartnerRe Ltd. has reported a loss of $175.6mn for the second...
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Monday, July 29, 2013
Richard Cutcher

Bermuda reports 40% increase in Q2 insurer registrations

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Bermuda has registered 34 new insurers in the first half of this...
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Friday, July 26, 2013
Richard Cutcher

RenRe forms business stateside

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Bermuda-based reinsurer RenaissanceRe Holdings Ltd has formed a new specialty reinsurance agency...
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Tuesday, July 16, 2013
Richard Cutcher

Hardy appoints non-exec director

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Bermuda-based Lloyds insurer, Hardy has appointed a former Willis risk management leader...
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Tuesday, July 16, 2013
Richard Cutcher

PartnerRe estimate large flood related losses

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Bermudian reinsurer PartnerRe has estimated that the cost of June’s European floods...
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Wednesday, July 10, 2013
Richard Cutcher

Hiscox Re appointments

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Hiscox Re, the reinsurance division of Bermuda-based insurance and reinsurance group Hiscox,...
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Thursday, July 04, 2013
Richard Cutcher

R&Q to redomicile to Bermuda

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Specialist non-life insurance investor, Randall & Quilter (R&Q) has received court approval...
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Tuesday, June 25, 2013
Richard Cutcher

Hiscox launches new Bermuda SPI

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Bermuda-based insurer Hiscox has brought a new, fully capitalised special purpose insurer...
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Monday, June 24, 2013
Richard Cutcher

R&Q novates MPPA insurance contracts

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Randall & Quilter Investment Holdings plc (R&Q) have reached agreement with MPPA...
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Wednesday, June 19, 2013
Richard Cutcher

Bermuda's PartnerRe appoint two board members

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Bermuda-based reinsurer PartnerRe has appointed Debra Perry and Greg Seow to its...
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Monday, June 17, 2013
Richard Cutcher

Overseas territories agree on G8 tax information deal

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UK Prime Minister David Cameron has obtained agreement from Britain's overseas territories...
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Friday, June 14, 2013
Richard Cutcher

Cannonier criticises Reuters

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Bermudian Premier, Craig Cannonier, has objected to a Reuters headline which quoted...
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Friday, June 07, 2013
Richard Cutcher

Capital G hire former Butterfield senior banker

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Bermuda-based Capital G Bank Ltd has appointed former Butterfield senior banker Bob...
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Thursday, June 06, 2013
Richard Cutcher

UK asks ‘tax havens’ to sign convention

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UK prime minister, David Cameron has requested for the senior ministers of...
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Wednesday, June 05, 2013
Richard Cutcher

Axis hires new third-party capital head

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Bermuda-based global insurance and reinsurance group AXIS Capital Holdings have appointed a...
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Wednesday, June 05, 2013
Richard Cutcher

Bermuda's Enstar acquires Atrium and Arden Re

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Bermuda’s Enstar Group Ltd. has confirmed it has entered into an agreement...
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Monday, June 03, 2013
Richard Cutcher

Bermuda fears reinsurance bill will be passed without warning

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The Association of Bermuda Insurers and Reinsurers (ABIR) have said that the...
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Monday, June 03, 2013
Richard Cutcher

Tower expands their Bermuda reinsurance business

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Tower Group International, Ltd. has entered into an agreement to acquire the...
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Friday, May 31, 2013
Richard Cutcher

Performa continue global expansion with new hire

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Global investment manager P.R.P. Performa, has named Sandi Prescott as its global...
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Thursday, May 23, 2013
Richard Cutcher

MetLife capitulates to DFS and repatriates captive to US

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MetLife, the US’s largest life insurer, is repatriating its offshore captive business...
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Tuesday, May 21, 2013
Richard Cutcher

BMA announces senior management team realignment

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The Bermuda Monetary Authority (the Authority) has announced structural changes within its...
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Tuesday, May 21, 2013
Richard Cutcher

Insurance linked securities listing on Bermuda exchange soar

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The total volume of insurance-linked securities (ILS), including catastrophe bonds and reinsurance-linked...
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Thursday, May 16, 2013
Richard Cutcher

RenRe’s CEO to retire

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RenaissanceRe’s CEO Neill Currie, who co-founded the reinsurer in 1995, has announced...
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Wednesday, May 15, 2013
Richard Cutcher

Sirius International announce ILS team

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Sirius International Group, Ltd. have appointed Michael Halsband and Deanne Nixon to...
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Tuesday, May 14, 2013
Richard Cutcher

AIG appoints Bermuda head

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American International Group has appointed Anthony Philip as the new president and...
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Tuesday, May 14, 2013
Richard Cutcher

Tokio Millennium Re to redomesticate to Switzerland

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Tokio Millennium Re Ltd. plans to redomesticate its place of incorporation from...
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Wednesday, May 01, 2013
Richard Cutcher

Bermuda warns FACTA could be costly

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Bermuda’s premier has warned that complying with the US’s Foreign Account Tax...
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Friday, April 26, 2013
Richard Cutcher

Bermuda helps UK fight tax evasion

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Bermuda has entered into “automatic exchange of information agreements” with the United...
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Thursday, April 25, 2013
Richard Cutcher

R&Q plan redomiciliation to Bermuda amidst Solvency II uncertainty

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UK based Randall & Quilter (R&Q) plan to redomicile their holding company...
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Wednesday, April 24, 2013
Richard Cutcher

New cat bond for Allianz

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Allianz have issued a new catastrophe bond with aims to gain reinsurance...
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Tuesday, April 23, 2013
Richard Cutcher

Five new captives for Bermuda Q1 2013

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New (re)insurers starting up in Bermuda has increased 85% over the past...
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Tuesday, April 23, 2013
Richard Cutcher

Bermuda Business Development Corporation merger finalised

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The Bermuda Business Development Corporation (BBDC) have finalised their merger with Business...
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Friday, April 19, 2013
Richard Cutcher

BMA creates new executive role

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The Bermuda Monetary Authority (BMA) has appointed former director of insurance supervision,...
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Wednesday, April 17, 2013
Richard Cutcher

Catalina completes acquisition of KX Re

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Catalina Holdings (Bermuda) Ltd. have completed their acquisition of KX Reinsurance Co....
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Wednesday, January 18, 2012
Richard Cutcher

Substantial captive growth reported globally

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Bermuda, Guernsey and Vermont saw substantial growth in captives across 2011.  ...
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Tuesday, January 17, 2012
Richard Cutcher

Bermuda’s equivalence ‘could be limited’

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Bermuda will not have to apply the most stringent aspects of Solvency...
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Friday, December 16, 2011
Richard Cutcher

Bermuda offered ‘segmented equivalency’ by EC

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Bermuda will not have to apply the most stringent aspects of Solvency...
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Monday, December 12, 2011
Richard Cutcher

Bermuda licenses two new Canadian captives

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Bermuda has reported an increase in Canadian captives looking to domicile in...
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Tuesday, November 22, 2011
Richard Cutcher

Bermudan captive liquidated

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A Bermudan captive reinsurer parented by YMCA was liquidated on November 9....
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Wednesday, October 26, 2011
Richard Cutcher

Bermuda receives final Solvency II reports

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Bermuda has received the European Insurance and Occupational Pensions Authority’s final reports...
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Wednesday, October 12, 2011
Richard Cutcher

JPMorgan Chase novates liabilities

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JP Morgan Chase & Co has novated liabilities from its Bermudan captive...
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Monday, October 03, 2011
Richard Cutcher

Bermuda benefits from Captive Live clients

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Bermuda believes the world still needs to be educated on the benefits...
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Monday, October 03, 2011
Richard Cutcher

Honeywell looks to write new risks

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Honeywell is looking to write trade credit and supply chain risks into...
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Wednesday, September 28, 2011
Richard Cutcher

Trucking company decides to start captive

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An Illinois-based trucking company is looking to start a captive.   Compass...
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Thursday, August 25, 2011
Richard Cutcher

Court case raises doubts about rent-a-captives

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A multimillion dollar court case ruling is predicted to have “major implications”...
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Monday, August 22, 2011
Richard Cutcher

Bermudan captives may be spared Solvency II

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A draft report by the European Insurance and Occupational Pensions Authority (EIOPA)...
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Tuesday, December 14, 2010
Richard Cutcher

AM Best upgrades ratings of BNY Trade Insurance

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AM Best Co has upgraded the financial strength rating (FSR) to A...
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Thursday, November 25, 2010
Richard Cutcher

Bermuda tax law extension will provide ‘comfort and certainty’

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The extension to existing tax exemptions for Bermuda companies outlined in the...
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Tuesday, November 23, 2010
Richard Cutcher

Kane believed to be buying HIM

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HSBC Bermuda is thought to have accepted an offer from Kane to...
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Thursday, October 28, 2010
Richard Cutcher

BMA consults on risk-based model for long-term insurers

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The Bermuda Monetary Authority (BMA) has issued a consultation paper on long-term...
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Thursday, October 21, 2010
Richard Cutcher

Risk managers more visible, says Marsh

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Risk managers are becoming more visible and active across their organisations wielding...
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Thursday, August 12, 2010
Richard Cutcher

David Sykes to join Strategic Risk Solutions

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Captive management and consultancy firm Strategic Risk Solutions (SRS) announced yesterday (11...
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Wednesday, July 21, 2010
Richard Cutcher

BMA outlines approach to Solvency II equivalence

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The Bermuda Monetary Authority (BMA) has published details of its proposals for...
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Wednesday, July 21, 2010
Richard Cutcher

BMA fills newly-created COO position

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The Bermuda Monetary Authority (BMA) announced the appointment on 19 July of...
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Friday, July 02, 2010
Richard Cutcher

Risk Service/AmTrust merger announced

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Captive management/consulting firm and reinsurance intermediary Risk Services is to merge with...
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Friday, July 02, 2010
Richard Cutcher

Aon launches Bermuda consulting office

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Aon Global Risk Consulting (AGRC) announced on 28 June that it is...
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Tuesday, June 22, 2010
Richard Cutcher

BMA launches internal model for Solvency II

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The Bermuda Monetary Authority has launched a pilot of its internal capital...
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Thursday, June 10, 2010
Richard Cutcher

BMA launches internal model for Solvency II

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The Bermuda Monetary Authority has launched a pilot of its internal capital...
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Thursday, June 10, 2010
Richard Cutcher

Captive Review Bermuda Report 2010

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Captive Review Bermuda 2010
Monday, April 26, 2010
Richard Cutcher

White Rock launches in Isle of Man

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Aon’s White Rock has launched a protected cell company (PCC) in the...
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Friday, April 09, 2010
Richard Cutcher

Reorganised GM captive breeds new manager

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© GM Corp General International Limited (GIL), General Motors’ Bermuda-based captive insurance...
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Monday, March 08, 2010
Richard Cutcher

List in Our Services Directory

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To submit your entry click on the link below, benefits include: 12...
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Wednesday, January 20, 2010
Richard Cutcher

LOM to leave Cayman for Bahamas

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LOM Holdings has announced that it will be closing its Caribbean office...
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Features
A move towards the tailor-made?
Paul Woehrmann, of Zurich Insurance Company, considers the potential for more tailor-made services for captive...
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Challenging the status quo: A conversation with Artex’s new leaders
“When you go and hire the CEO of one of the biggest captive insurance managers...
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Protected cell proliferation drives White Rock expansion
A proliferation in protected cell company (PCC) structures being experienced around the world was a...
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Captive consolidation: How the M&A flurry is impacting the market
Consolidation in the insurance market has been a common play across the globe for a...
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OECD scrutiny could trigger uptick in ‘rent-a-captive’ structures
The captive insurance industry has been looking at a number of ways to ensure compliance...
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