The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the...
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The island’s property and casualty insurance and reinsurance sector has proved to be resilient to potential adverse impacts, the Bermuda Monetary Authority has reported after a stress-testing exercise...
The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the...
The growth of asset-intensive insurance business calls for a more tailored and agile supervisory and regulatory approach, the Bermuda Monetary...
Total assets in Bermuda’s long-term insurance sector grew 15.6 per cent in 2023, the Bermuda Monetary Authority has reported. At year-end, insurers...
The Bermuda Monetary Authority proposes to publicly disclose the assets and liabilities of the island’s long-term commercial insurers registered in...
The Bermuda Monetary Authority has issued a consultation paper that sets out its proposed regulatory regime for Class IILT insurers and several...
The Bermuda Monetary Authority has issued a consultation paper that sets out its proposed regulatory regime for Class IILT insurers and several...
The Bermuda Monetary Authority has recently issued important updates regarding financial sanctions. These measures mandate that financial institutions...
Bermudian-headquartered insurer Kettle has appointed Jeff Chen as chief risk officer. The AI-enabled insurance and reinsurance provider for commercial...
Bermudian-headquartered insurer Kettle has appointed Jeff Chen as chief risk officer. The AI-enabled insurance and reinsurance provider for commercial...
On 14 October 2024, the Cayman Islands Monetary Authority updated its insurance regulatory measures under Section 34 of the Monetary Authority Act....