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Captive Insurance Companies
There are now more than 10,000 Captives worldwide and Bermuda is
the domicile of choice for the vast majority of them.. The term
"captive" refers to companies formed primarily to insure
the risks of their parents or affiliates, which was first developed
in Bermuda in the early 1960's and is more popular today than it
has ever been.
Bermuda dominates the captive insurance market with some 30% of
the world's captives now on its register representing net annual
premiums of US$ 28 billion and total assets of US$138 billion. Captive
insurance business represents approximately 75% of the Bermuda insurance
register.
You can download our entire memorandum on Captive Insurance in
Bermuda in PDF format by clicking
here.
You can download our entire memorandum on Rent-A-Captive Insurance
Company in Bermuda in PDF format by clicking
here.
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