Why bermuda insurance

Group captives were created to enable smaller companies, and those with similar interests, to benefit from greater control over their insurance programs by pooling their risks. The rent-a-captive concept was created in the s to enable smaller firms to benefit from managing their own risks.

In the mids large U. ABIR members are committed partners in local conservation and environmental stewardship efforts. Collaborations between conservation and science organizations like the Bermuda Alliance for the Sargasso Sea and the Sargasso Sea Alliance are creating pathways to promote the stewardship of the Sargasso Sea surrounding Bermuda.

The multi-nationally supported Hamilton Declaration on Collaboration for the Conservation of the Sargasso Sea was one of the first marine protection efforts to incorporate areas of high seas, or waters beyond national boundaries, in its area of scope.

The Declaration commits an oversight commission to monitor the marine environment and mitigate against harmful anthropogenic activity. ABIR members are also leading conservation practitioners. The Bermuda Government has led the way with conservation practices that support humpback whales, sea turtles and two rare bird species the Cahows and the Longtails — bringing these species back from near extinction.

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