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BMA confident of achieving equivalence with SII

EC undertakings on captives will be honoured

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Solvency II goes global

Solvency II, even before it goes live, is having an impact far beyond the 30 European countries it applies to. Three countries have applied for equivalence with the EU regime, eight others are interested in the transitional equivalence provisions and other countries are adopting some of the principles of Solvency II, as Lorna Davies reports

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BMA updates policy to prepare for SII equivalence

Says it is working on "caveats" noted by Eiopa

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BMA updates supervision structure

Authority appoints Shanna Lespere as international affairs director

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BMA to run ORSA for captives

But promises proportionate approach

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Can captives escape Solvency II?

There's some evidence that offshore financial centres have recently been attracting captive insurers because of Solvency II, but in the past 10 years more captives have set up onshore. Lorna Davies looks at how serious a concern the directive is for captives

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2415

Hurricane models shouldn't need "dramatic updates"

Not if your model represents "the full spectrum of potential future catastrophe experience", including extreme and rare events, says Ming Lee, president and CEO of AIR Worldwide. But he admits there's more uncertainty in earthquake models in this interview with InsuranceERM

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BMA extends deadline for eligible capital compliance

Transition period to run till 2024 to match Europe's

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Insurer registrations in Bermuda rise by 50%

New special purpose insurers treble

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Eiopa notes deviations between Bermudan regulation and Solvency II

Milliman comments on details of Eiopa's equivalence reports on Bermuda, Japan and Switzerland