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ARTICLE · 30 MARCH 2026

Latin American Risks And The Bermuda Market

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Bermuda's decades-long efforts to welcome Latin American risks to the island's re/insurance market have borne fruit in the form of the many LatAm captive insurers that have become domiciled here.

BermudaInsurance
Matthew Carr
Matthew Carr
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The island's relationship-building efforts have been aided by Bermuda's sophisticated anti-money laundering and antiterrorist financing laws and regulations, an attractive feature.

The Bermuda Monetary Authority, the island's insurance and financial services regulator, has a world-leading pedigree, with Solvency II compliance in facing the European markets and the US National Association of Insurance Commissioners equivalency facing North American markets — two very highly-regarded distinctions.

In addition, Bermuda shares information with many LatAm nations pursuant to the Organisation for Economic Co-operation and Development's Common Reporting Standard, including Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru and Uruguay.

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