Bermuda wary of G7 tax as ILS carve-outs may pass burden onto investors
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Bermuda wary of G7 tax as ILS carve-outs may pass burden onto investors

Fiona Robertson
15 June 2021
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Hamilton Bermuda View

Bermuda insurance executives believe global tax reform could add to high local operating costs, but the nature of the ILS sector may transfer much of the burden of new regulations onto investors.

While Bermudian (re)insurers have varying levels of exposure to the global proposed reforms, depending on how much of their business remains offshore, the ILS market is also a major presence on island (and to a lesser extent in other...

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News Analysis Bermuda Regulation Catastrophe bonds ILS
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