Bermuda: Living life (insurance) in paradise

Link: https://www.milliman.com/en/insight/bermuda-living-life-insurance-in-paradise/?utm_source=linkedin&utm_medium=social-global-company-page&utm_campaign=life

PDF: https://www.milliman.com/-/media/milliman/pdfs/2022-articles/3-28-22-bermuda.ashx

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Description:

We review the history of life insurance in Bermuda, reflect on how we have gotten to where we are today, and look forward to what may be ahead. We present a hypothetical—yet realistic—case study to illustrate some of the factors that can lead to a strategic decision do business Bermuda. From an embedded-value perspective, we highlight potentially considerable benefits from a move from a U.S. statutory basis to a Bermudian economic balance sheet.

Author(s): Tony Dardis, William C. Hines, and Su Meng Lee

Publication Date: 28 March 2022

Publication Site: Milliman