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Bermuda captive insurers - January 2020.

The Insurance Amendment Act 2014 (the Bill) was tabled in the House of Assembly on 28 November 2014 and seeks to amend the Insurance Act 1978 (the Principal Act) by making changes to the regulation of Bermuda’s insurance business.

In the second quarter of 2012, Bermuda saw a three fold increase in the number of insurer registrations over those in the first quarter.

The Bermuda Monetary Authority (the "BMA") has published a press release to advise that in accordance with the Insurance Amendment (No. 3) Act 2010 (the "Amendment Act") every insurer that registered as a long-term insurer on or before 31 December 2010 shall apply to the BMA, before 30 September 2011, to be reclassified as a Class A, Class B, Class C, Class D or Class E long-term insurer.

On 21 January 2026, the Bermuda Monetary Authority (BMA) published a consultation paper to introduce a proposed new class of Special Purpose Insurer (SPI), the Parametric Special Purpose Insurer (PSPI).

Against the backdrop of Covid-19 and the subsequent period of lockdown, Associate Director, Sherman Taylor joined Artemis' fifth Bermuda-focused insurance-linked securities ...

Listen to this RG podcast episode to understand more about how the legal professional is a driving force behind Bermuda being the risk capital of the world. Brad discusses his 25-year career with Appleby...

Bermuda is the world's premier captive domicile with over 700 active captive licences on its register.

Bermuda Partner Sarah Demerling recently contributed to hedgeweek's special report 'Bermuda Fund Services 2019' discussing Bermuda's Insurance Linked Securities (ILS).

Welcome to the latest edition of Bermuda Corporate Insurance Brief.

David Doyle, Director in the Corporate department at Conyers Dill & Pearman was recently interviewed by Captive Review on Bermuda's Captives Insurance Sector.

Bermuda has always provided an efficient process for insurance submissions of all classes, with applications being approved in under two weeks.