Market News
Bermuda Delineates Fact from Fiction in Answering ICIJ Reports
Recent reports from the International Consortium of Investigative Journalists (ICIJ) expose the names of people and companies behind what it alleges are "secret offshore structures" that, in some cases, are used to reduce or avoid taxes. Bermuda has responded to the ICIJ reports to delineate fact from fiction. Read More
CICA and Butler University Partner To Support the Captive Industry
The Captive Insurance Companies Association (CICA) and Butler University will collaborate on a professional development partnership. The alliance will help students learn about the depth and variety of career opportunities in captive insurance while giving captive leaders insights on how to make captive careers appealing to young professionals. Read More
Global Cyber Liability and Captive Insurance
The 2017 Bermuda Captive Conference panel titled "Impact of Cyber and Emerging Technology Risks for Captive Insurers, Insurance Solutions and Latest Risk Developments" focused on various facets of the global cyber liability insurance market and how captives are being used to insure this emerging risk. Read More
A Blockchain Prototype for the Captive Insurance Market
In cooperation with Ernst & Young, Ginetta, and Citi Treasury and Trade Solutions, Allianz Global Corporate & Specialty has successfully implemented a blockchain prototype for a global captive insurance program. The technology aims to increase efficiency in the captive organization's international insurance transactions by accelerating and simplifying functionalities. Read More
A.M. Best Report: Multinational Insurers and Reinsurers Face Market Access Obstacles
Insurers and reinsurers with global operations are increasingly encountering market access issues as a political shift toward protectionism leads to barriers to trade in mature and emerging markets, according to A.M. Best's latest special report, titled "Rising Protectionism Creates Market Access Issues for Multinational Insurers." Read More