24 January 2020News

Bermuda welcomes 22 new captives in 2019

Bermuda registered 22 new captives in 2019, up from the 19 new captives that launched on the island in 2018.

The Bermuda Monetary Authority (BMA) released its registration statistics this week, which confirmed Bermuda retained its position as the number one jurisdiction for captives.

There are a total of 715 captives in Bermuda, writing gross premiums of approximately $40 billion.