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Bermudian-based company’s parent is Colombia’s largest power generation and multi utility company

This new development and range of solutions allows the organisations to further expand their services to support clients in the Middle East and Africa

The captive reinsurance broker maintains its long-held market reputation

The company is a captive reinsurer of Suramericana SA, a Colombia-based insurance group

The deal expands the Bermudian-based company’s global footprint

Bermuda’s Corporate Income Tax Act 2023 is to come into full effect on January 1

Other captive domiciles are actively marketing at industry events, where Bermuda is noticeably absent

The visionary industry icon made significant and ongoing contributions to Bermuda’s global insurance market development over decades

The two-day event is scheduled for tomorrow and Tuesday at Pier Six in Hamilton

Themed “Navigating Captive Horizons”, it will be held on Monday and Tuesday at the Pier Six complex in Hamilton

IIL is a subsidiary of the largest oil and gas exploration and production company in Japan

Larger European countries that have not traditionally sought the captive insurance business are now doing so