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Ocorian, a global leader in corporate and fiduciary services, fund administration and capital markets, has seen a significant increase in the number of captives it supports with its Bermuda offices delivering particularly strong growth.
There are now more than 70 captive domiciles worldwide, but Ocorian believes that given the strength of its proposition, Bermuda will continue to grow its market share. Currently Ocorian’s Bermuda insurance specialists support over 137 Bermuda-registered captive insurance companies, as well as 93 commercial and special purpose insurers.
Growth in the captives market in general is being fuelled by a hard insurance market and rising premiums with companies wanting to take greater control over their insurance requirements...
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