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27 Special Purpose Insurer registrations in Bermuda show popularity of collateralised reinsurance

News 22nd January 2013

Over the course of 2012 the island of Bermuda become home to 53 new international insurers, four new insurance agencies, five new insurance managers and two insurance brokerages. Of the insurers, 27 are Special Purpose Insurers and most of these have been formed to undertake some kind of fully collateralised reinsurance often with third-party capital […]

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