October 24, 2021

Bermuda ahead of Cayman Islands on cybersecurity

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By Raymond Hainey From The Royal Gazette Bermuda is ahead of the game on cybersecurity compared to Caribbean countries — but only slightly. A multi-regional survey by professional services firm KPMG found that the island was “slightly more prepared” against cyberattacks, with 15 per cent of Bermudian-based companies defining cybersecurity as a boardroom responsibility compared […]

Pension funds look to captive insurance for longevity risk answers

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From Offshore Bankers Captive insurance companies are providing pension funds with a valuable avenue to the reinsurance market for transferring longevity risk, a newly-published white paper has reported. ‘Longevity risk market comes of age’, the Guernsey Finance white paper, written by insurance journalist Helen Yates, examined how longevity risk – the risk that people live […]