ARTICLE · 16 OCTOBER 2014

Why Bermuda Is The Natural Domicile For Life (Re)Insurers

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Bermuda has long been known as a centre of excellence and innovation in the world of (re)insurance.

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Bermuda has long been known as a centre of excellence and innovation in the world of (re)insurance. Nowhere is this more evident than in the rapidly growing field of offshore life (re)insurance and annuity products.

Life (re)insurance today represents a significant portion of Bermuda's (re)insurance market, with numerous registered life (re)insurers deriving their business principally from Europe, the United States and Asia.

The concept of buying life insurance and annuity products to protect one's life and assets is not new, but it has evolved, resulting in insurance techniques and structures serving as a key tool in achieving planning goals for international clients, whether they are individuals looking to provide for their family's future, or companies looking to provide pensions or employee benefits.

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