Scottish Annuity & Life Holdings Ltd. announced that it’s planning on moving “its corporate and international reinsurance operations” to Bermuda” from their present location in the Cayman Islands.
“Bermuda is the capital of the global insurance industry,” stated CEO Michael C. French. “While the Cayman Islands have provided an excellent home for the Company, the long-term growth and success of our business will significantly benefit from being in the global insurance business flow that passes through Bermuda.”
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Federal Judge Cautions State Farm Against Gambling With Courts 
Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk 
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 
