Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Bermuda registers 45 new insurers in first half of 2015

Reprints
Bermuda registers 45 new insurers in first half of 2015

Forty-five new insurers and intermediaries were registered in Bermuda during the first half of 2015, nearly on par with the 44 new registrations last year, the Bermuda Monetary Authority said.

The new entities included 10 captive insurers, up from seven in the prior-year period, and four long-term life insurers, the same as last year, the Hamilton, Bermuda-based regulator said Tuesday in a statement.

Six new reinsurers also were created, along with 11 insurance intermediaries, according to the statement.

Bermuda also registered 14 new special purpose insurers handling insurance-linked securities in the first half of 2015, down from 16 formed during the same time period of 2014.

One of those entities was a special purpose insurer established to facilitate catastrophe bond transactions in China.

Read Next