There are many advantages in establishing a captive insurer and Bermuda is the premier domicile of choice. Kennedys Bermuda's white paper on the subject lists the advantages of Bermuda as a domicile, considers the uses and benefits of a captive insurer and explains the prudential requirements, licensing process and on-going requirements applicable to Bermuda captive insurers.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Kennedys operates in Bermuda in association with Kennedys Chudleigh Ltd.