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    Monthly Registration Stats 2015 - December

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    BernewsAdmin
    The document summarizes registration statistics for December 2015 and year-to-date registrations as of December 2015. It shows that 11 insurers and 4 SPI entities were registered in December, bringing the totals for 2015 to 64 insurers and 20 SPI entities registered. It also lists the registration of 3 agents, 6 managers, and 4 brokers as intermediaries through December, for a total of 13 intermediaries. Finally, it notes that 15 insurance applications were approved by the ALC in December.

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    Monthly Registration Stats 2015 - December

    Uploaded by

    BernewsAdmin
    1K views3 pages
    The document summarizes registration statistics for December 2015 and year-to-date registrations as of December 2015. It shows that 11 insurers and 4 SPI entities were registered in December, bringing the totals for 2015 to 64 insurers and 20 SPI entities registered. It also lists the registration of 3 agents, 6 managers, and 4 brokers as intermediaries through December, for a total of 13 intermediaries. Finally, it notes that 15 insurance applications were approved by the ALC in December.

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    Monthly Registration Stats 2015- December

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    The document summarizes registration statistics for December 2015 and year-to-date registrations as of December 2015. It shows that 11 insurers and 4 SPI entities were registered in December, bringing the totals for 2015 to 64 insurers and 20 SPI entities registered. It also lists the registration of 3 agents, 6 managers, and 4 brokers as intermediaries through December, for a total of 13 intermediaries. Finally, it notes that 15 insurance applications were approved by the ALC in December.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views3 pages

    Monthly Registration Stats 2015 - December

    Uploaded by

    BernewsAdmin
    The document summarizes registration statistics for December 2015 and year-to-date registrations as of December 2015. It shows that 11 insurers and 4 SPI entities were registered in December, bringing the totals for 2015 to 64 insurers and 20 SPI entities registered. It also lists the registration of 3 agents, 6 managers, and 4 brokers as intermediaries through December, for a total of 13 intermediaries. Finally, it notes that 15 insurance applications were approved by the ALC in December.

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    © All Rights Reserved
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    of 3

    2015 Registration Statistics

    December
    Registrations Confirmed in December
    Name
    Date
    Norwood Re Ltd.
    8-Dec-15
    Plymouth Guarantee, Ltd.
    15-Dec-15
    Aspre Insurance Limited
    16-Dec-15
    Scimitar CAT Re, Ltd.
    18-Dec-15
    Wing Yue Reinsurance Company Ltd.
    18-Dec-15
    Securis Re VI Ltd.
    21-Dec-15
    Securis Re VII Ltd.
    21-Dec-15
    XS Reinsurance Ltd
    29-Dec-15
    Greins Global Limited
    29-Dec-15
    Soundview Reinsurance Company, Ltd.
    30-Dec-15
    EVANSTON INSURANCE COMPANY
    31-Dec-15

    Type
    Insurers

    Registrations (YTD December 2015)


    Date

    Class 1

    Type
    SPI
    3A
    2
    SPI
    C
    SPI
    SPI
    3
    1
    2
    3A

    Total
    8

    Bluebird Reinsurance Company Limited


    Parex Bermuda (Insurance) Ltd.
    WOFS Assurance Limited
    TDL Bermuda Ltd.
    Gallagher (Bermuda) Insurance Solutions
    Ltd.
    Walbrook Fleet Limited
    CJES Insurance (Bermuda) Ltd.
    Greins Global Limited

    1-Jan-15
    20-Apr-15
    29-May-15
    1-Jul-15
    1-Sep-15
    26-Oct-15
    25-Nov-15
    29-Dec-15

    Class 2

    7
    Medocean Insurance Limited
    Quantum Insurance Company Ltd.
    DobleCE Re Ltd.
    BMMP Ltd.
    Yapa Re Ltd.
    Aspre Insurance Limited
    Soundview Reinsurance Company, Ltd.

    1-Jan-15
    15-Apr-15
    27-May-15
    25-Sep-15
    5-Nov-15
    16-Dec-15
    30-Dec-15

    Class 3

    7
    Brisk Insurance Company Ltd.
    Fleming Reinsurance Ltd.
    International Insurance (SAC) Ltd.
    Blue Ocean Risk, Ltd.
    Economic Risk Insurance, Ltd.
    Markel CATCo Re Ltd.
    XS Reinsurance Ltd

    26-Feb-15
    21-May-15
    29-May-15
    25-June-15
    25-Sep-15
    25-Nov-15
    29-Dec-15

    Class 3A

    9
    Sandell Re Ltd.
    Novae Bermuda Limited
    Palomar Specialty Reinsurance Company
    Bermuda Ltd.
    Cavello Bay Reinsurance Limited
    Everest International Assurance, Ltd.
    BlueGreen Re Ltd.
    Sompo Japan Canopius Reinsurance AG
    Plymouth Guarantee, Ltd.

    25-Feb-15
    16-Apr-15
    27-Apr-15
    14-Aug-15
    29-Sep-15
    19-Oct-15
    23-Nov-15
    15-Dec-15

    EVANSTON INSURANCE COMPANY

    31-Dec-15

    Class 3B
    Class 4

    4
    Third Point Reinsurance (USA) Ltd.
    ABR Reinsurance Ltd.
    Fidelis Insurance Bermuda Limited
    Qatar Reinsurance Company Limited

    5-Jan-15
    12-Mar-15
    21-May-15
    24-Nov-15

    Class A

    Class B

    Class C

    6
    Nomura Americas Re Ltd.
    VL Assurance (Bermuda) Limited
    TOP Reinsurance Co., Ltd.
    Everest International Assurance, Ltd.
    Legal & General SAC Limited
    Wing Yue Reinsurance Company Ltd.

    13-Feb-15
    13-April-15
    16-June-15
    29-Sep-15
    12-Oct-15
    18-Dec-15

    Class D

    1
    Old Mutual (Bermuda) Re Ltd.

    1-Jul-15

    Class E

    2
    Wilton Re (Canada) Limited
    Longitude Re Ltd.

    29-June-15
    6-Nov-15

    SPI

    20
    Centuriae Re Ltd.
    Valins I Limited
    Securis Re LCM Ltd.
    Skuld II Reinsurance (Bermuda) Ltd.
    Merna Re Ltd.
    Pelican III Re Ltd.
    Manatee Re Ltd.
    Cranberry Re Ltd.
    Everglades Re II Ltd.
    AG CAT Re Ltd.
    Compass Re II Ltd.
    Bellemeade Re Ltd.
    Panda Re Ltd.
    Acorn Re Ltd.
    PennUnion Re Ltd.
    Resilience Re Ltd.
    Norwood Re Ltd.
    Scimitar CAT Re, Ltd.
    Securis Re VI Ltd.
    Securis Re VII Ltd.

    1-Jan-15
    5-Jan-15
    27-Jan-15
    24-Feb-15
    2-Mar-15
    13-Mar-15
    23-Mar-15
    20-Apr-15
    27-Apr-15
    4-May-15
    15-May-15
    17-June-15
    24-June-15
    30-June-15
    30-Sep-15
    1-Oct-15
    8-Dec-15
    18-Dec-15
    21-Dec-15
    21-Dec-15

    Total Insurers

    64
    Intermediaries

    Agent

    3
    Valor Management Ltd.
    London American Managers Ltd.
    Worldwide Insurance Services, LLC

    31-Mar-15
    23-Apr-15
    30-June-15

    Manager

    6
    SIGCo Management (Bermuda) Ltd.
    Valor Management Ltd.
    ThreeSeas Consulting Ltd.

    26-Mar-15
    31-Mar-15
    4-May-15

    AG Management Ltd.
    Mt. Logan Insurance Managers, Ltd.
    Markel CATCo Investment Management
    Ltd.

    4-May-15
    1-Sep-15
    27-Nov-15

    Broker

    Winklevoss Ltd
    ACE Intermediaries (Bermuda) Ltd.
    ISO Insurance Limited
    Touchstone Insurance Brokerage Ltd.
    Salesman

    26-Jan-15
    18-Mar-15
    22-June-15
    30-June-15

    Total Intermediaries

    13

    As required by the Insurance Act 1978, the Authority maintains a register of licensed entities. This
    register can be accessed on its website at www.bma.bm.

    Monthly Assessment & Licensing Committee (ALC)


    Application Review
    There were fifteen insurance applications reviewed in December; one application was deferred
    from prior months. All fifteen applications were approved.
    Registration/Licensing of approved insurance entities is subsequent to the ALC application
    process and may be confirmed in future periods.

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