Browsing: Bermuda

State insurance regulators are taking a closer look at the growing practice of offshore reinsurance, aiming to ensure the financial stability of the life insurance industry and protect policyholders.

The practice of U.S. life insurers transferring reserves to offshore locations like Bermuda is rapidly increasing, but the trend is drawing criticism and raising questions about financial security and regulatory oversight.

An overview of Bermuda’s significant role in the insurance and reinsurance industries, exploring its regulatory environment, business-friendly atmosphere, and its impact on the US and international markets.

Industry icon Brian Duperreault shared insights from his five-decade career at the Bermuda Risk Summit.

The ADEPT Bermuda Regional Hub aims to accelerate digital adoption in the re/insurance market through free transactions.

Biltir CEO Suzanne Williams-Charles asserts that Bermuda continues to attract interest from life insurance companies, refuting claims of firms leaving for the Cayman Islands.

The Financial Services Agency of Japan is investigating life insurers’ reinsurance practices, particularly those involving global investment firms and offshore hubs like Bermuda.