Bermuda registered four insurers in October, including two Class E companies, bringing the number of insurer registrations for the first ten months of the year to 46.

The Bermuda Monetary Authority’s monthly figures show that Mariner Re Ltd and YF Life Insurance Bermuda Ltd were registered as Class E insurers, effective October 1 and October 19, respectively.

Mariner Re, a new life reinsurer backed by a $750 million equity investment from Teachers Insurance and Annuity Association of America, will support growth in Symetra Life Insurance Company’s annuity business.

YF Life Insurance Bermuda is a wholly owned subsidiary of Yunfeng Financial Group, a publicly listed Chinese financial services company.

According to financial information provider Zhitong Finance, Yunfeng views the Bermudian business as key to expanding its global insurance footprint, with YF Life Bermuda intended to target international client markets.

Also last month, the BMA said AIA Global Insurance Company Ltd was registered as a Class C insurer effective October 2. The company is a subsidiary of the AIA Group, the Hong Kong-headquartered pan-Asian life insurance and financial services group.

Project Pearl ISAC Ltd also received a Class A registration effective October 21.

Restricted special purpose insurers accounted for the largest share of 2026 registrations through October, with 13. Class E was the next largest category with 11, followed by collateralised insurers with five and Class C insurers with four.

The BMA also registered nine insurance intermediaries in the first ten months of 2026, comprising seven agents, one manager and one broker. That brought total registrations across insurers and intermediaries to 55, ahead of the 48 recorded at the same stage of 2025.

Separately, the BMA’s Insurance Assessment and Licensing Committee approved six applications in October and deferred one. The committee reviewed six new applications and one carried forward from an earlier period.

The authority said registration follows the committee’s review process, so an application can be approved in one month and the entity registered in another.