Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities



Bermuda re/insurance registrations up, SPI’s grow their share

29th July 2013

The Bermuda insurance and reinsurance market saw 34 new insurer registrations during the first-half of 2013, up from the 24 registered in the first-half of 2012 a year earlier. Special purpose insurers (SPI’s) make up a growing contribution to these statistics, with 20 of the total registered being new SPI’s so far in 2013.

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Bermuda almost halves Special Purpose Insurer licence fees

25th March 2012

In another move which should help to increase the attractiveness of Bermuda as a domicile for catastrophe bond and insurance-linked securities issuers, the Bermuda Monetary Authority (BMA) has announced a reduction in the licence fees for Special Purpose Insurers (SPI’s). The annual registration fee for an SPI has been almost halved from $11,600 down to […]

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