Bermuda key reinsurance hub despite U.S. Taxes
Saturday, 09 08 2018, Category: Insurance and Reinsurance, Country: United States
Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by tax reform in the United States, which fundamentally changed how multinational entities are taxed.
How the territory’s market has responded to evolving regulation and adjusted to competition is detailed in the new A.M. Best report, “Global Reinsurance: Optimism Fizzles, It’s Back to the ‘New Normal.'”
Source: Insurance Journal