For many European sponsors Bermuda is a favoured jurisdiction for conducting ILS business.
Whether they can take credit under Solvency II regulations for reinsurance obtained from Bermuda is thus likely to be very important to them.
For many European sponsors Bermuda is a favoured jurisdiction for conducting ILS business.
Whether they can take credit under Solvency II regulations for reinsurance obtained from Bermuda is thus likely to be very important to them.