special purpose vehicle

Coming off a remarkable 2025, which saw the registration of new collateralized insurer class of companies in Bermuda climb to its highest level ever, early indicators for Q1 2026 suggest a continuation of this growth trend with seven new special purpose insurers (SPIs) and two new collateralized insurers having registered in Bermuda during the opening […]

Registration of new collateralized insurer class of companies in Bermuda soared to its highest level ever in 2025, helping lift catastrophe bond and insurance-linked security (ILS) related registrations above the prior year, while new cat bond issuance structures also rose compared to 2024.

Bermuda has continued to see strong registration numbers of new catastrophe bond, insurance-linked security (ILS) and alternative or third-party reinsurance capital related entities through the first-half of 2025, with the total rising slightly according to Bermuda Monetary Authority (BMA) data.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced that it has reached an agreement to acquire Robus Group from The Ardonagh Group, subject to approvals.

Strategic Risk Solutions, Inc. (SRS), an independent provider of insurance, reinsurance and captive management and consulting services, has announced the hiring of Charles ‘Chuck’ Scherer in Bermuda, as the firms insurance-linked securities (ILS) ambitions continue to expand.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced a new partnership with investment house Integrum Holdings LP.

Speed to market is a key characteristic of Bermuda’s ILS market, but when setting up your ILS vehicle, it is also important to consider what happens at the end of its economic life, says Louise Charleson, Partner, Ocorian Law (Bermuda) Limited.

Guernsey has updated its insurance-linked securities (ILS) rules in order to clarify the regulatory treatment of collateralised reinsurance transactions, add a full-featured SPI structure that can support catastrophe bonds and sidecars, and to speed up the approval to a one-day process.

Guernsey is seeking to build on its insurance-linked securities (ILS) and collateralised reinsurance activity by adding legislation to allow for special purpose insurance (SPI) vehicles, which could be catastrophe bond issuers, for the end of 2016.

North Carolina is seeking to enact legislation which would make it a home to captive insurance and reinsurance companies and special purpose vehicles such as catastrophe bond issuers. In an effort to grow its share of the re/insurance market bill SB 476, sponsored by two Republican Senators, has moved through the North Carolina Senate Insurance […]