Our Bermudian operation

Bermuda’s geographical position, regulatory environment, favourable tax structure and wealth of talent and expertise places it at the heart of the world’s insurance and reinsurance industry. Its rapid ascent as a global hub for reinsurance has led to over 1,200 international insurers and reinsurers establishing operations in the country and has seen an estimated £25bn of reinsurance premium written in 2013*.

In March 2015 Neville Ching joined Capsicum Re as Managing Partner to build and develop our Bermudian operation, ensuring that we have a local presence in the market in order to create beneficial relationships for our customers. Since then we have strengthened our offering with Richard Borgonon and Brian Gulbransen joining as partners, supported by Chelsea Burns.

The team works closely with our London office utilising experience and knowledge to devise innovative and bespoke solutions for our clients across a wide range of classes including:

  • Property Reinsurance
  • Global Catastrophe
  • Retrocession covers
  • Marine & Energy
  • Retrocession Industry
  • Loss Warranty and other Index based products
  • Dynamic Reinsurance solutions for Direct & Facultative portfolios

This collaborative approach ensures we deliver a seamless and consistent approach that advocates our customers’ requirements above all else.

  • Bermuda Office

    Capsicum Re
    106 Pitts Bay Road
    Pembroke, Bermuda

    +  1 441 824 4321

*According to the London Market Group’s report, ‘London Matters: The competitive position of the London Insurance Market’ published in November 2014.