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Bermuda is the world's premier captive domicile with over
700 active captive licences on its register.
With experienced legal advice, setting up a captive insurer in
Bermuda can be done quickly and efficiently.
Our short video guide, Setting up a Bermuda Captive Insurer,
explains the various classes of Bermuda Captives and every step of
the process.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
The principal legislation governing companies in Bermuda is the Companies Act 1981, as amended, under which the majority of companies in Bermuda are incorporated by registration.
The Act of 19 December 2020 implementing the Budget Act 2021 introduced into the Insurance Contract Act a new provision to secure the outcome of insurance policies underwritten by UK insurers post-Brexit.
For those busy insurance/reinsurance professionals out there, BSA have provided a snap-shot of last year's UAE insurance laws and what to watch out for in 2021.
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