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Best s Market Segment Report: Rated Bermuda, Cayman Islands and Barbados Captives Sustain Outperformance Over Commercial Insurers

News Category Global Banking & Finance Reviews Best’s Market Segment Report: Rated Bermuda, Cayman Islands and Barbados Captives Sustain Outperformance Over Commercial Insurers The operating results of captive insurance companies AM Best rates in Bermuda, Cayman Islands and Barbados continue to outperform the segments counterparts in the commercial casualty insurance sector, and in 2019, pretax operating income for this group reached the highest level ever recorded. A new Bests Market Segment Report, Rated Bermuda, Cayman Islands, and Barbados Captives Continue to Outperform Peers, states that AM Bests rated Bermuda, Cayman Islands and Barbados (BCIB) captive composite reported a pretax income of approximately $1.4 billion, a 46% increase over the previous year. The combined ratio for the composite saw a 6.9-percentage point deterioration to 91.8; however, the five-year (2015-2019) average combined ratio of 85.0 was approximately 15 points better than the 100.0 combined r

10 Hudson Valley Trivia Tidbits Every Local Should Know

10 Hudson Valley Trivia Tidbits Every Local Should Know Share Photo courtesy of Locust Grove Estate From a historic tavern in Rockland County to a famed abolitionist in Ulster County, there are so many remarkable things to know about the Valley. Albany: The city of Albany is home to America’s first Shaker settlement, a Christian sect popular in the 18th and 19th centuries. Columbia: The first mansion at Clermont Historic Site was built by Robert Livingston circa 1740; he inherited the land from his father, also named Robert Livingston. The younger Robert’s son, Robert Robert Livingston, was one of our nation’s Founding Fathers, who negotiated the Louisiana Purchase from the French.

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