“Category: Offshore Captive Domicile
Judges Comments: The diverse nature and strong infrastructure of Bermuda impressed the judges. In particular, the jurisdiction’s ability to obtain Solvency II equivalence for its commercial sector while carving captives out a bifurcated approach means it will benefit from the increased expertise and substance that new commercial (re)insurers will bring. The judges were also impressed by the range of captive formation options open to prospective captive owners.”
Congratulations to Bermuda, and to all of the award winners, many of whom have strong Bermuda connections.