Barbados is an extremely well-regulated insurance jurisdiction. With more than 400 Exempt Insurance companies registered in Barbados, Regulators have extensive experience in long and short-term insurance. They provide more than adequate oversight which is of enormous comfort to insured individuals and corporates.
Barbados insurance law is strongly focused on the protection of policy owners. Policy assets must be held separate from the insurers assets to prevent loss from corporate failure.
Barbados has a number of very meaningful tax treaties which makes it an attractive option for insurers and insured.