Bermuda Captive Conference

This digital presentation by Captive International showcases why Bermuda is an established premiere jurisdiction for captive management. Go to link to view: Cover – 60 Years of Captives in Bermuda (foleon.com)

Captives can be used to address environmental, social and corporate governance (ESG) issues in the insurance market.   The final session of the 2022 Bermuda Captive Conference was a panel moderated by Séadna Kirwan, risk advisory director, Aon Bermuda and which included Sherman Taylor, head of capital markets, Bermuda, at Ocorian; Maura McGuigan, director of…

Latin America remains an emerging area for the captive insurance market, attendees heard at the Bermuda Captive Conference.  A panel discussion at the conference pointed out that Latin America is a small but growing area of the market at the moment. Latin America makes up 7% of global GDP, with growth of 4.3% over the…

The 2022 Bermuda Captive Conference has gotten off to a great start, said Helen Souza, business development manager at the Bermuda Business Development Agency. This year’s conference has seen one significant change from previous conferences, she told Captive International. “Historically the Bermuda Captive Conference (BCC) has been one of three entities on Bermuda involved in the…

The recent boom in new captives could lead to lasting partnerships with fronting companies that fill a very real and specific need on Bermuda.  According to Jonathan Reiss, chief executive of Concert, Bermuda-based companies need fronting because, whether they’re commercial insurance or reinsurance or captives, a significant reason they’re here is because Bermuda has a…

Bermuda is in a unique place to benefit from the challenges of the post-COVID-19 world, as new risks emerge and make the industry think about how to cope with them.  A panel discussion at the Bermuda Captive Conference addressed some of these emerging issues, with contributions from Gavin Woods, partner at Carey Olsen; Nicolas Plianthos,…

Bermuda remains the leading global captive domicile, according to the latest figures from the Bermuda Monetary Authority (BMA).  Speaking at the Bermuda Captive Conference, Timae Flood, assistant director, insurance supervision, at the BMA, told attendees that Bermuda had far surpassed other domiciles in terms of gross premiums written, with the latest figures for 2020 amounting…

Cyril Whitter is the recipient of the Bermuda Captive Conference’s 2022 Fred Reiss Lifetime Achievement Award for his commitment and contributions to Bermuda’s captive insurance industry. Mr. Whitter’s career in Bermuda’s captive insurance space has seen him provide more than 44 years of service to both clients and industry peers. Mr. Whitter’s experience in insurance…