432 results found

Executive Director, Sherman Taylor and Partner, Louise Charleson discuss the impact of Bermuda's new cyber risk code of conduct. *

Bermuda's managing general agent market is evolving rapidly as capacity providers demand better governance, aligned incentives, and transparent oversight. With regulatory scrutiny intensifying and new capital structures emerging, the island's sophisticated infrastructure positions it uniquely to accommodate the next generation of MGA platforms that combine specialist underwriting expertise with dedicated capital vehicles.

In various forms these terms are used throughout Bermuda's legislative framework with regard to digital assets, including in the Act — and in the Code of Practice...

Appleby Counsel Cathryn Minors knew she wanted to be a lawyer from the age of 13 and that self-belief has seen her work in Bermuda, the UK and Hong Kong...

These should be good times for the captive insurance sector and for other self-insurance arrangements.

There has long been a significant number of mutual companies on the Bermuda register, particularly shipping mutuals, known as Protection and Indemnity (P&I) clubs, whose purpose is to obtain coverage for risks such as hull damage, strike loss, war risks, freight, demurrage and defence.

The change to the technical provisions that govern long-term insurers and reinsurers was first raised in a consultation paper issued by the BMA last July.

The first half of 2016 has been a significant period for the Bermuda insurance sector.

Group captive insurers offer organisations a collaborative approach to risk financing by pooling capital, diversifying risk, and leveraging collective purchasing power.

In this article, Partner Max Tetlow examines the rise and regulatory landscape of Asset-Intensive Reinsurance (AIR) in Bermuda, drawing on market intelligence and data from the Bermuda Monetary Authority's recent Insights...

The Bermuda Monetary Authority ("BMA") released a consultation paper, Operational Resilience and Outsourcing Code ("CP") on 14 January 2025, which outlines standards that the BMA has designed to bolster the financial service sector's ability to pre-empt, adapt, manage, recover from, and learn from operational disruptions.

Any doubts surrounding the durability of alternative structures have largely been put to bed after ILS' response to 2017 events.

Insurtech will continue to transform the risk transfer industry. But to understand how that will happen it is important to consider how the industry has changed in other important ways up to this...

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.

After a record-breaking 2024, Bermuda's life reinsurance sector is likely to expand further this year, according to Brad Adderley.