Bermuda: captive domicile of choice for Latin America

Latin America has become an emerging market for Bermuda’s world-leading captive insurance industry.

Bermuda’s 856 operating captives, which constitute some 14 per cent of the world total, are the most of any captive domicile. While North American and European companies have predominantly used Bermuda for establishing captives as a means of alternative risk control, in recent years Latin America has shown an increased interest in Bermuda. This interest across the region has been driven by increased wealth, family enterprises and large corporate and private businesses.

Approximately two-thirds of all Latin American captives are formed in Bermuda and the island’s market share in this sector is increasing as the more sophisticated Latin American businesses are forming captives and almost exclusively look to Bermuda’s market for doing so…

If you are registered and logged in to the site, click on the link below to read the rest of the Appleby briefing. If not, please register or sign in with your details below.

Briefings from Appleby

  • Incorporating your business has many advantages

    Incorporation describes the process of forming a new legal entity (a company) that is recognised at law as a separate legal person.

  • Wealth Structuring 20:20 2014

    This feature publication aims to tap into the issues facing high-net-worth individuals around the globe, and investigate the themes and challenges affecting this elite group.

View more briefings from Appleby

Analysis from The Lawyer

  • /v/a/c/offshore.jpg

    Distant shores

    The past quarter has been busy for the offshore sector as firms have looked to capitalise on globalisation, while workflow has remained high

  • /b/s/t/Isle_of_Man_.jpg

    Offshore: Isle of Man - Go Man, go

    Business is booming in the Isle of Man, a small jurisdiction that thinks big

View more analysis from The Lawyer

Overview

1st Floor
3 Copthall Avenue
London
EC2R 7BH
UK
http://www.applebyglobal.com

Total staff: 528
Partners: 64