Bermuda is cracking down on related party investments after the 777 saga
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The financial watchdog in Bermuda, at the heart of the world’s reinsurance sector, is cracking down on life insurers’ investments in affiliates after problems at 777 Partners and its reinsurer based in the British Overseas … Read more