ABIC Insurance Ltd (“ABIC”) is a captive insurer based in Bermuda with a Specialty Focus on Real Estate exposures to deliver niche products.

What is a Bermuda Captive? Captives are licensed insurance companies incorporated as wholly owned subsidiaries of a parent company.  They can be utilized to provide tailored coverages and cost effective solutions in niche areas.

Why Bermuda? Bermuda has been the premier domicile for captives since their inception. Bermuda remains the number one captive domicile and its regulators ensure that captive insurers have sufficient capital to play claims.

Admitted/non-admitted? Non-Admitted.

How is it Regulated? ABIC is Class 3 Captive which maintains levels of capital required to pay future claims and the Bermuda License expenses.