Bermuda.com - Business - Captive Insurance


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Captive Insurance

Captive Insurance Service in Bermuda

One of the largest and fastest growing locales for Captive Insurance companies, Bermuda is the venue of choice for many of the Fortune 500 Companies. The extensive accounting, banking, legal, and telecommunication infrastructure makes global business possible. Captive insurance companies enable companies to pool together certain risk exposures in an efficient fashion.


ACE Bermuda Insurance Ltd.
	Captive Insurance (Paget Reinsurance Ltd.), in recent years, rent-a-captives have gained popularity as offering alternative solutions to insured risk management challenges. Recognizing this trend, ACE offers a rent-a-catives facility through Paget Re, A Bermuda registered Class 3 and long-term insurer and Pembroke Re, a Delaware licensed protected cell company. Rent-a-captives can provide many of the benefits of a wholly owned captive insurance company. They offer an ideal solution for both mid-sized and large corporations seeking to retain risk without the long-term level of commitment, time or cost associated with running their own captive.