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Bermuda's tax bomb is a boon, says Karel Van Hulle
26 February 2024From new tax rules to an ever-expanding life market, Bermuda is in a transformational phase. Karel Van Hulle, the father of Solvency II and a BMA board member, tells Sarfraz Thind why these changes will do the market good
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Bermuda Monetary Authority lays out insurance priorities for 2024
25 January 2024The watchdog stressed the market in Bermuda remains well-capitalised
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Bermuda regulator stalls R&Q's deals to investigate reserves and capital
22 December 2023BMA was investigating R&Q's strategy after the planned sale of Accredited division
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Top re/insurance regulatory priorities in the US and Bermuda
27 October 2023Major regulatory developments are facing Bermudian and US re/insurers, and the key areas of supervisory focus on the horizon were discussed earlier this week at InsuranceERM's Bermuda conference. Christopher Cundy reports
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Bermuda rewrites the rulebook
27 September 2023The BMA's regulatory revamp for the island's insurance industry is set for liftoff. It could remove one of the key advantages insurers have sought setting up there, as Sarfraz Thind reports
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BMA finds insurers falling below capital targets post cyber stress
04 July 2023The Bermudian regulator released results of its prescribed cyber stress tests
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Bermuda regulator shut down three insurers last year
06 June 2023Jurisdiction confirms 1,196 registered insurers at 2022 year-end
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Bermuda Monetary Authority appoints Vasyl Semenov as assistant director
05 May 2023 -
Shoring up Bermuda's life rulebook
28 March 2023John Hele, Resolution Life's COO and vice-chair of Biltir, talks to Sarfraz Thind about the possible impacts from Bermuda's regulatory reform agenda and the increasing oversight of PE-backed and large international insurers
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Bermuda's time for IAIGs
14 March 2023Bermuda may soon identify its first internationally active insurance groups, according to the Bermuda Monetary Authority director of insurance supervision, Gerald Gakundi. Sarfraz Thind reports