Bermuda Finance 2021/2022, Captive Roundtable, in association
with Appleby.
Bermuda must remain innovative, nimble and wary of too much
regulation to stay ahead of the game, according to a panel of
experts in this captive roundtable.
Q1: HOW WOULD YOU CHARACTERISE THE HEALTH OF THE CAPTIVES
MARKET ON BERMUDA?
Paul Bailie: Things are pretty busy at the
moment. The wider commercial insurance markets have been difficult
with rates increasing and we're seeing increased activity in
the captives segment, as a result. In particular, some of our
existing clients are doing more than they were, say two years ago,
but we are seeing new captives as well.
Matt Carr: I'm a partner in the
corporate team within Appleby Bermuda with an insurance and
reinsurance specialisation. I cover all forms of commercial
insurance and reinsurance, long-term business and, of course,
captives. We help companies deal with regulations and help with
things such as feasibility studies and