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Concert Group Holding Inc, a newly formed business dedicated to insurance fronting, has announced that it has secured agreement to raise additional capital from its founders. One of the founders is Brady Young, founder and chief executive officer of ...

Bermuda's significance in the captive insurance world has been underlined in the latest Captive Power 50 list. A number of executives from the island are included in the annual list of the 50 most influential captive insurance professionals. Leading ...

A UK subsidiary of Bermudian-based Randall & Quilter Investment Holdings Ltd has acquired an Irish captive insurer. R&Q said Randall & Quilter II Holdings Ltd has received regulatory approval from the Central Bank of Ireland and has completed the acq...

- Resilience is the theme for the 17th annual Bermuda Captive Conference, which returns as a virtual event on June 14-15. Conference organisers say the theme reflects the response of the captive industry to a year of unprecedented uncertainty since ...

Insurance industry veteran Grainne Richmond has been appointed president of the Bermuda Insurance Managers Association. Ms Richmond is to take up the position at the volunteer non-profit organisation on March 1. She will be joined on the Bima executi...

The Bermuda Business Development Agency is to put the spotlight on the island’s role as the world’s leading captive domicile at next week’s 2021 Virtual Business Insurance World Captive Forum. The BDA is both a platinum sponsor and participant in the...

Strategic Risk Solutions, a provider of independent insurance management and consulting services, which has operations in Bermuda, has expanded its geographic reach with the opening of an office in Switzerland. It also announced that Markus Beck, Geo...

The trend of increasing insurance prices is likely to continue, say industry experts. A panel at the Bermuda Captive Conference, which opened yesterday as a virtual event, unanimously agreed that the hard market would have staying power. Patrick Tann...

The 2020 Bermuda Captive Conference will be hosted on a virtual platform for the first time in response to the continued uncertainty from Covid-19. The event, scheduled for September 9 to 11, will examine trends in the global captive market and brin...

The world’s first captive insurer to provide custody insurance for cryptocurrency assets has been set up in Bermuda. US cryptocurrency exchange Gemini has established the captive, named Nakamoto, to provide itself with insurance that has proved diffi...

Bermuda may be the world’s leading jurisdiction for the registration of captive insurance companies, but even the global pacesetter loses the odd captive to another locale. Captive Insurance Times reports that the Astana Financial Services Authority ...

Bermuda will not become a more expensive domicile for captive insurers as a result of economic substance rules, the island’s leading financial-services regulator has assured. Jeremy Cox, executive chairman of the Bermuda Monetary Authority, said the ...