Reinsurance BMA flags limits of catastrophe models despite advances Firms are supplementing their modelling results with human judgment to account for climate uncertainty Firms are supplementing their modelling results with human judgment to account for climate uncertainty Jan 05, 2026 7:59 AM
Reinsurance One in five insurers failing data-classification rules, BMA warns Figure is an improvement from the previous year, but progress remains insufficient Figure is an improvement from the previous year, but progress remains insufficient Dec 31, 2025 8:00 AM
Reinsurance Collateralised insurers benefit from flexible forms of capital Mya Gibbons, an Appleby associate, provides an overview of the different features involved Mya Gibbons, an Appleby associate, provides an overview of the different features involved Dec 21, 2025 11:46 PM
International Business BMA holds talks with EU insurance authority Craig Swan and Ricardo Garcia speak with officials on financial stability and pensions Craig Swan and Ricardo Garcia speak with officials on financial stability and pensions Dec 18, 2025 6:48 PM
Politics Senate approves raft of financial legislation Brining the land valuation department into the digital age is among Bills passed by the Upper House Brining the land valuation department into the digital age is among Bills passed by the Upper House Dec 18, 2025 7:45 AM
Local Business Bermuda Monetary Authority spreads festive cheer The organisation donated more than a 1,000 gifts to residents of four local nursing homes The organisation donated more than a 1,000 gifts to residents of four local nursing homes Dec 17, 2025 5:41 PM
Reinsurance Insurance registrations tick up in November Eight new registrations confirmed for the most active month since April, with 56 entities total Eight new registrations confirmed for the most active month since April, with 56 entities total Dec 15, 2025 8:00 AM
Politics Bill enables information sharing to align BMA and BDIC work House of Assembly gives green light to the Bermuda Monetary Authority Amendment Act 2025 House of Assembly gives green light to the Bermuda Monetary Authority Amendment Act 2025 Dec 14, 2025 7:45 AM
Reinsurance New guardrails amid US scrutiny on offshore life reinsurance deals Guideline requires insurers to prove that ceded deals are adequately backed by assets Guideline requires insurers to prove that ceded deals are adequately backed by assets Dec 09, 2025 8:00 AM
Local Business Some firms confused about sanctions breaches, says BMA Case studies point to basic control failures across companies, leading to penalties Case studies point to basic control failures across companies, leading to penalties Dec 08, 2025 8:00 AM
Reinsurance Captive market tops 2,000 active cells SAC demand surges in 2023, according to a report from the BMA, with new guidance on its way SAC demand surges in 2023, according to a report from the BMA, with new guidance on its way Dec 05, 2025 7:59 AM
Local Business BMA flags up fake letters tied to crypto scam The fraudulent missives from “Guardian Law Firm” pressure recipients to transfer money into a digital wallet The fraudulent missives from “Guardian Law Firm” pressure recipients to transfer money into a digital wallet Nov 30, 2025 5:19 PM
Local Business BMA shuts down Rapture Global Investment Fund The Bermuda Monetary Authority issues a winding-up order after finding repeated compliance breaches The Bermuda Monetary Authority issues a winding-up order after finding repeated compliance breaches Nov 28, 2025 3:25 PM
Local Business BMA consults on framework for asset tokenisation Bermuda must ensure its existing regime remains competitive and aligned with international bodies Bermuda must ensure its existing regime remains competitive and aligned with international bodies Nov 21, 2025 7:58 AM
Local Business Sweeping ‘travel rule’ changes for digital assets Ahead of global compliance review, BMA introduces stringent data requirements for transfers Ahead of global compliance review, BMA introduces stringent data requirements for transfers Nov 18, 2025 7:59 AM
International Business FATF raises pressure on asset recovery As Bermuda's inspection nears, task force warns that most countries are failing to recover profits of crime As Bermuda's inspection nears, task force warns that most countries are failing to recover profits of crime Nov 06, 2025 8:00 AM
Banking Local banks keep solid capital position in Q2 says BMA The sector has $24.5 billion in assets, representing a slight increase of 0.4 per cent The sector has $24.5 billion in assets, representing a slight increase of 0.4 per cent Nov 03, 2025 6:44 PM
Reinsurance BMA to consult on new framework for parametric insurance The initiative builds on Bermuda’s Special Purpose Insurer structure to bridge gaps left by traditional models The initiative builds on Bermuda’s Special Purpose Insurer structure to bridge gaps left by traditional models Nov 03, 2025 7:59 AM
Local Business Trusts: BMA’s arrival not the best day of the year Enforcement is rare despite the regulator’s very extensive powers over these companies Enforcement is rare despite the regulator’s very extensive powers over these companies Oct 20, 2025 7:56 AM
Local Business BMA promotes investor education, protection and online safety The financial regulator is taking part in the ninth annual World Investor Week with a public education campaign The financial regulator is taking part in the ninth annual World Investor Week with a public education campaign Oct 07, 2025 6:18 PM
Reinsurance BMA advances tougher disclosure rules for life insurers The proposals, put forward in late 2024, would require some companies to reveal more about assets and liabilities The proposals, put forward in late 2024, would require some companies to reveal more about assets and liabilities Oct 01, 2025 7:59 AM
International Business BMA raises bar on resilience From hurricanes to cyberattacks, company boards must now make sure vital services keep running From hurricanes to cyberattacks, company boards must now make sure vital services keep running Sep 24, 2025 7:59 AM
Reinsurance Insurance registrations on pace to top 2024 The Bermuda Monetary Authority reports adding three new companies in August, bringing the year-to-date total to 41 The Bermuda Monetary Authority reports adding three new companies in August, bringing the year-to-date total to 41 Sep 22, 2025 8:32 PM
International Business Which way for AI? Futurist argues against restricting access Maurice Conti urges organisations to embrace artificial intelligence as Bermuda aims to regulate and understand it Maurice Conti urges organisations to embrace artificial intelligence as Bermuda aims to regulate and understand it Sep 18, 2025 7:58 AM
Track & Field Retiring Donna Raynor free to give athletics full attention Trailblazing sports administrator to give her calling all the focus with no more distractions Trailblazing sports administrator to give her calling all the focus with no more distractions Sep 12, 2025 8:00 AM
International Business Company secures licence for stablecoin services The BMA-approved unit, 1Money Bermuda Ltd, can provide custodial wallets and issue digital assets The BMA-approved unit, 1Money Bermuda Ltd, can provide custodial wallets and issue digital assets Sep 08, 2025 4:46 PM
Local Business BMA targets ‘greenwashing’ with new fund rules The regulations would protect investors by requiring clearer sustainability disclosures and banning misleading names The regulations would protect investors by requiring clearer sustainability disclosures and banning misleading names Sep 03, 2025 4:06 PM
Local Business BMA midyear results show higher cash and deferred income The increase appears tied to the Authority’s fee cycle, with a new schedule released this year The increase appears tied to the Authority’s fee cycle, with a new schedule released this year Aug 29, 2025 7:57 AM
International Business Laws on crime proceeds up for review Financial Action Task Force standards have been updated since Bermuda’s last evaluation in 2020 Financial Action Task Force standards have been updated since Bermuda’s last evaluation in 2020 Aug 27, 2025 5:27 PM
Reinsurance Insurance registrations could surpass 2024 The pace of new companies this year is already ahead of last year’s monthly averages, according to the BMA The pace of new companies this year is already ahead of last year’s monthly averages, according to the BMA Aug 25, 2025 7:57 AM