Bermuda Captive Market Seeing Increased Captive Use, New Captive Uses

The Bermuda captive insurance market is reflecting the trend toward increased use of captives in the face of a hard commercial market, as well as greater consideration of captives as a vehicle for addressing difficult-to-insure exposures. “Existing captives are either increasing their deductible limits or putting new lines of business through that they wouldn’t necessarily…

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