SRS Bermuda proudly contributed to the Trunk Island Project, a conservation and education initiative known as a “living classroom.” This project is carried out in partnership with the Bermuda Zoological Society and the Bermuda Aquarium, Museum, and Zoo, both of which are dedicated to preserving Bermuda’s unique ecosystems. As a registered Bermuda charity, this initiative plays a vital role in environmental education and sustainability for the surrounding community.
Trunk Island, the largest island in Harrington Sound, spans seven acres and is considered an ecological treasure due to its diverse habitats. The Bermuda Zoological Society has been actively working on conservation and education programs on the island since 2006. Harrington Sound, often mistaken for a lake, is actually an inland body of water fed by the ocean through Flatt’s Inlet and underwater caves, making it a unique marine environment.
The geography of Trunk Island has changed significantly over millennia, evolving from a cedar-forested hill into its current form due to rising sea levels. In the past, the island was extensively used for tobacco farming, which unfortunately led to significant habitat destruction. However, conservation and restoration efforts have been ongoing since the 17th century, working to repair the damage and restore native plant species.
Today, Trunk Island serves as an essential educational hub, offering students, researchers, and conservationists hands-on learning experiences about Bermuda’s ecosystems. Key initiatives on the island include mangrove restoration and micro forest planting, which support native plant life and help combat global warming. By participating in the Trunk Island Project, SRS Bermuda is contributing to the preservation of Bermuda’s natural heritage and helping to ensure a sustainable future for generations to come. Way to go team!
SRS Guernsey Scales New Heights Our amazing SRS Guernsey office is currently taking part in an exciting and challenging local fundraising event called The Everest Challenge. This unique endurance event...
'Tis the Season for SRS Canada SRS Canada spent some time volunteering at a toy organizing event for children in the Halifax area. SRS Canada has been actively participating in...
SRS South Africa- East London Supports Animal Welfare Our SRS South Africa team is proud to support animal welfare organizations this quarter by raising much-needed funds for the SPCA (Society...
As climate change escalates the potential severity of certain weather-related natural disasters like hurricanes and wildfires, corporations face increased threats to their operations and financial stability. Captive insurance strategies are...
By: Chuck Scherer Catastrophe bonds, also known as cat bonds, are a crucial component of the insurance industry's risk management toolkit. Typically, these bonds provide insurance companies with financial protection...
The decision to buy or sell a captive insurance company isn’t made that often but can be a significant strategic opportunity under the right conditions. Andy Hulme, SRS EVP of...
Captive Insurance Times recently published an article featuring industry participants, including Isabel Mettetal SRS' Director of Cayman Captive Management, discussing their hopes for captives in Latin America, as well as...
Setting the Standard SRS has managed captives and other insurance vehicles for more than 25 years, and in that time, we’ve defined and operationalized the services a high-performing insurance company...
Setting the Standard SRS has managed captives and other insurance vehicles for more than 25 years, and in that time, we’ve defined and operationalized the services a high-performing insurance company...
Anna Pereira, SRS Bermuda How can the captive industry adapt to the developing impact of climate change and adopt measures to mitigate impact to their shareholders, themselves, and the natural...
SRS’ Peter Child, CEO Europe and Richard Paris-Smith, Client Services Leader-Europe were recently featured as speakers during the Airmic Captive Forum. Peter Richard spoke about governance within the captive process, while...
Invest Barbados, Kirk Cyrus, Captive International, 2020 “Active risk financing using captives is inescapble given the expectations of future systemic risk events relating to climate change.” Kirk Cyrus, Strategic Risk Solutions...
Derek Bridgeman, Managing Director and Risk Consulting Practice Leader for SRS Europe, joins host Richard Crutcher on the Global Captive podcast to discuss interest in new captive formations in Europe...
CICR comment: Our editor emeritus, Mr. Rosenbaum, finds that the Greenguard (GG) program is the first really new development in the captive business sector to come along for a long time....
Captive Captive Podcast, Episode 26 March 29, 2020 Brady Young joins host Richard Crutcher on the Global Captive podcast to discuss the Covid-19 impact on captive insurance, broker consolidation and...
Captive Insurance Times, Issue 194 March 18, 2020 Phillip Giles of MSL Captive Solutions discusses how the COVID-19 pandemic could potentially affect self-funded health plans and medical stop-loss captives. It...
Captive Insurance Times, Issues 188 December 11, 2019 Mary McMorrow, head of Governance Services Europe at SRS Europe, discusses the firm’s specialised captive governance services offering. Set against a backdrop of new,...
Captive Insurance Times, October 16, 2019, Issue 184 David Lewis,Managing Director of SRS Europe, explains how, in the next few years, the market will see the unbundling of captive insurance...
Captive Insurance Company Reports, February, 2019 In late 2018 SRS in conjunction with IRMI organized a corporate governance survey to determine what kind of corporate governance some captive insurers, risk...
Captive Review, April, 2019 Mary McMorrow, head of Governance Services Europe at SRS Europe, provides some useful tips on governance considerations for captive insurers outsourcing services under Solvency II conditions....
Vermont Captive Insurance, April 16, 2019 In this article Derick White, Managing Director of Governance, Risk & Compliance explains that a captive insurer’s board of directors must fulfill its duty of...
Captive International, October 1, 2018 In this article in Captive International, Wendy Dine, Associate Director of SRS, discusses the growth in the use of group captive programs for medical stop...
Captive International, October 9, 2018 In this article in Captive International, Derick White and Stuart King of Strategic Risk Solutions, discuss the corporate governance requlations in US, European and offshore...
Captive.com, January 11, 2019 In this article written for Captive.com, Brady Young reflects on the captive insurance industry in 2018 and looks head to the coming year. As we begin...
Setting the Standard SRS has managed captives and other insurance vehicles for more than 25 years, and in that time, we’ve defined and operationalized the services a high-performing insurance company...
Financial Model of Parametric Insurance within a Captive The financial model of incorporating parametric insurance into a captive insurance company relies on predefined, measurable indices. When a certain event triggers...
Combining captive insurance with Insurance-Linked Securities (ILS) can offer significant long- term value and additional risk transfer capacity and capabilities for enterprise-scale companies. The ILS sector acts as a reliable...
Download the SRS whitepaper on Cell Vehicles, Domicile Differences. Protected Cell Companies – 25 Years In By Peter Child, CEO SRS Europe Twenty-five years ago, Protected Cell Company (‘PCC’) legislation...
Corporate insurance buying strategies are changing. Maybe it has taken the challenges being encountered in the continued hard market to finally shake things up. Buyers are getting frustrated, hemmed in...
The material presented in this report was the subject of our webinar: Captive Insurance – The State of the Market, held on Wednesday February 23, 2022. The captive insurance industry...
There is tension at the heart of every captive insurer. This fundamental tension arises from the fact that for every captive shareholder is also in some way, shape, or form...
Leveraging the Barbados Insurance Brand The year 2021 was one of significant growth for captive insurance in Barbados. There were 34 startups and according to the statistics released by the...
Anna Pereira, SRS Bermuda How can the captive industry adapt to the developing impact of climate change and adopt measures to mitigate impact to their shareholders, themselves, and the natural...
Captive International, October 1, 2018 In this article in Captive International, Wendy Dine, Associate Director of SRS, discusses the growth in the use of group captive programs for medical stop...
Captive Review, April, 2019 Mary McMorrow, head of Governance Services Europe at SRS Europe, provides some useful tips on governance considerations for captive insurers outsourcing services under Solvency II conditions....
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