Bermuda is one of the world’s most important insurance and reinsurance hubs.

Well-regulated, experienced and capital efficient, the jurisdiction is at the forefront of providing innovative solutions to increasingly complex risks.

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JASMINE DESLIVA

Business Development Manager +1 441 278 6557 Contact JASMINE

$800 BILLION

in total assets held by 1200 (re)insurers, writing gross premiums of approx $150 billion

50+ YEARS

of risk management experience with an internationally-respected regulator

EU SOLVENCY II

Full equivalence with EU Solvency II Regime enables level playing field access

NAIC ENDORSED

Bermuda is on par with U.S. market as a NAIC Reciprocal & Qualified jurisdiction

INNOVATION

A track record of creating original solutions including the world’s first captive model

Bermuda's Insurance & Risk Industry


Re/Insurance

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Insurance & Risk Solutions

The World's Risk Capital

Bermuda is one of the largest (re)insurance hubs in the world, known for providing substantial capacity and innovative products. The market is comprised of over 1,200 (re)insurers holding total assets in excess of $800 billion and writing gross premium of approximately $150 billion (as of 2019).

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Captive Insurance

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Insurance & Risk Solutions

The World's Leading Captive Domicile

Bermuda is home to a broad range of industries utilising captives as a key risk management tool. Having formed the first modern captive in 1962, Bermuda remains the leading jurisdiction with a total of 715 captives writing gross premiums of approximately $40 billion and steers the market forward.

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Life & Annuity

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Insurance & Risk Solutions

A Growing Market

Bermuda's long-term (re)insurance market is a growing sector that continues to experience a surge in capital flows and registrations. Underscoring the island's risk expertise, Bermuda-based companies provide global coverage of life, annuity and pensions products and manage $300+ billion in assets.

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Insurtech

Insurance & Risk Solutions

Innovation & Insurtech Developments

Bermuda has always been at the forefront of innovation and insurtech is no different. The Bermuda Monetary Authority operates two innovation tracks, the Regulatory Sandbox and the Innovation Hub, targeted at insurtech companies to facilitate efficiencies from new technology while ensuring compliance.

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Discover More Resources for Bermuda's International Business Community