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The Bermuda captives market, by the numbers

Business is booming in Bermuda, thanks in part to the insurance industry.

By Shawn Moynihan | Updated on October 27, 2017

New research conducted by PricewaterhouseCoopers for the Bermuda Insurance Management Association (BIMA) found the captive insurance industry contributes an estimated $174 million every year to the island’s economy.

Related: Easy Sailing for Bermuda Reinsurers…

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Shawn Moynihan

Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].

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