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…
Worldwide, Bermuda remains the largest and longest established captive domicile.
This month's edition of NU's "Chalkboard" looks at some of the figures surrounding the island's flourishing insurance sector.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.