The inaugural Barbados Risk & Insurance Management
Conference, which will be held virtually from March 24-25, 2021 was
launched via Zoom recently.
The two-day conference is designed to showcase Barbados as a
competitive, mature insurance domicile that falls within the top
ten domiciles for captive insurance globally. The event is expected
to attract over 200 participants from the local, regional and
international insurance sector including risk, finance, legal and
investment, among other professions in the captive industry.
According to the President of the Barbados International
Business Association (BIBA) and CEO, Amicorp Bank & Trust Ltd,
Mr. Derek Cummins, who delivered remarks at the launch, " As
businesses and individuals grapple with the fallout of the global
novel coronavirus pandemic, the insurance industry worldwide is
seeing a high demand for coverage, but on the flip side insurers
are facing high capital adequacy requirements, creating the type