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ARTICLE · 04 APRIL 2016

A Glimpse Of Bermuda

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What makes the Bermuda market unique? Michael Frith highlights similarities between regional markets and this jurisdiction.

BermudaInsurance
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What makes the Bermuda market unique? Michael Frith highlights similarities between regional markets and this jurisdiction.

For over 60 years Bermuda has been a prominent leader in the global insurance sector. The Island is known, in particular, for having an effective risk-based regulatory framework and a robust infrastructure that includes a deep pool of intellectual and financial capital.

As a result, Bermuda is viewed as an obvious market to place capital and is an ideal base from which to expand that capital into other markets. This position has been particularly attractive to insurers in the MENA region, as they have realized the advantages Bermuda offers and the complimentary ties that exist between the regions, when it comes to expansion.

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