Barbados combines a Class 2 licence for third-party reinsurance with sound, internationally respected regulation, long the choice of US and Canadian groups.
Domicile is strategy. For a reinsurer with regional ambition, the jurisdiction shapes regulatory credibility, market access and, critically, how rating agencies and counterparties perceive the balance sheet.
The Barbados proposition
A Class 2 licence entitles the holder to insure and reinsure third-party risks wherever situated. Barbados is a solid, internationally respected regulatory destination, supervised by the Financial Services Commission (FSC), long chosen by US and Canadian groups, and home to an experienced insurance workforce.
Paired with a Miami gateway to Latin American cedants and brokers, the structure gives Power Re proximity to its market and the institutional standing its clients and future raters expect. Read more on our Domicile & Offices page.
Power Re perspective
This commentary reflects Power Re’s reading of public market reporting. It is general information, not underwriting, investment or legal advice.
