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BRIM: Ransomware has “changed the game” of cyber insurance
22 March 2022
Reporter Rebecca Delaney

Cyber insurance is not an exhaustive replacement for robust security capabilities, warns Niel Harper, founder and chairman of Octave Consulting Group, in a session at the Barbados Risk and Insurance Management conference

BRIM: Captives have a “higher value proposition”
22 March 2022
Reporter Rebecca Delaney

Companies of all shapes, sizes and industries are evaluating their alternative risk financing strategies in response to the continued hard market conditions, according to a session at the Barbados Risk and Insurance Management conference

Cyrus named chairman of SRS Barbados as Evans retires
04 May 2021
Reporter Maria Ward-Brennan

Strategic Risk Solutions has promoted Kirk Cyrus as the new chairman for the firm’s Barbados operations

BRIM: Barbados to see increase in captive formations
30 March 2021
Reporter Maria Ward-Brennan

Speaking at the Barbados Risk and Insurance Management conference 2021, a panel containing members from Marsh Captive Solution, discuss Barbados as having a 'strong captive presence'

Barbados launches its first virtual captive conference
24 February 2021
Reporter Maria Ward-Brennan

The Barbados International Business Association will host Barbados Risk and Insurance Management, its first virtual conference, which is set to be held on 24 to 25 March

CNOOC’s captive rating affirmed
15 December 2020
Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of ICM Assurance (ICMA), based in Barbados

A.M. Best removes Ocean Re from under review
06 October 2020
Reporter Maria Ward-Brennan

A.M. Best has removed Ocean International Reinsurance Company Limited, based in Barbados, from under review with developing implications and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-”

Barbados repeals Exempted Insurance Act, captives remain untaxed
21 November 2018
Reporter Ned Holmes

Barbados has repealed the Exempted Insurance Act and all insurance entities in the domicile will now fall under an amended Insurance Act, with captives continuing to be zero taxed

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