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Catastrophe product launched for LatAm SMEs
24 February 2017 | Panama
Charles Taylor has launched a new asset protection programme for Latin American small and medium-sized enterprises, designed to protect them from the costs of catastrophe insurance deductibles Read more

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23 February 2017 | Pembroke
Aon Insurance Managers and SS&C Technologies have launched a joint platform intended to simplify insurance linked-securities (ILS) management... Read more

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Bermuda’s licenses 13 new insurers
13 February 2017 | Hamilton | Reporter: Becky Butcher
Bermuda welcomed 13 new captives in 2016, with the majority coming from the US.

Of the 13 licensed by the Bermuda Monetary Authority, two captives come from the emerging markets of South and Central America.

As of 31 December, Bermuda was home to 776 active captives.

Craig Swan, managing director, supervision at the Bermuda Monetary Authority, said: “The authority continues to ensure that Bermuda’s captive sector—which has made significant contributions to Bermuda’s economy for well over 50 years—remains appropriately regulated.”

“The global companies that operate captives from Bermuda expect top quality regulatory standards. As such, the authority ensures that its supervisory framework for captives, has remained aligned with the insurance core principles of the International Association of Insurance Supervisors.”



Catastrophe product launched for LatAm SMEs
Charles Taylor has launched a new asset protection programme for Latin American small and medium-siz Read more

Potential tax reforms pose questions for captives
Captive insurers should pay attention to US President Donald Trump’s proposed tax reforms, but the Read more

Alabama: 2016 ‘a new high point’ for captive growth
The Alabama Department of Insurance has revealed that 11 captives, two protected cell captives and o Read more

Bermuda captive industry targets US markets
Captive insurance experts in Bermuda are set to host a forum in the US to promote and highlight the Read more

Utah approves Caitlin Morgan as captive manager
Caitlin Morgan Captive Services has been approved by Utah to serve as a captive manager in the state Read more

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