Bermuda's time for IAIGs

Bermuda may soon identify its first internationally active insurance groups, according to the Bermuda Monetary Authority director of insurance supervision, Gerald Gakundi. Sarfraz Thind reports


Insurance regulators call for moderation on anti-fossil fuel policies

Need to look at climate change incrementally, says NAIC head


Bermudian stress tests reveal Gulf windstorm has worst impact

Re/insurers found to be resilient to a range of catastrophe and market stresses


Bermudian insurers' AI and ML usage to grow strongly

But Bermuda Monetary Authority survey shows implementation comes with concerns


Settling claims lands Bermudian insurers with $90m of salvage aircraft

Other unusual items on insurers' books in 2021 included boats, artworks and holiday homes


Bermuda regulator sets 2025 deadline for climate risk frameworks

Progress report on implementing climate risk frameworks is expected in annual Orsa


Bermuda Monetary Authority appoints Ricardo Garcia as managing director

The supervision of insurance will be one of his areas of responsibility


Bermudian insurers raise catastrophe buffers

Opposite trend for groups, according to BMA's analysis


Bermuda Monetary Authority's concern over third-party cyber risk

BMA study examined operational cyber risk management


Bermudian insurers take bigger share of global cat losses

The Bermuda Monetary Authority stressed the island's market remains resilient