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The report says the cyberthreat landscape has become more sophisticated, frequent and widespread

Twelve insurance applications were reviewed in May by the Insurance Assessment and Licensing Committee

A sharp increase in expenses was mainly due to the $8.75 million in increased salaries and benefits

The provider of digital asset trading solutions will expand its offerings to institutional and high net worth clients

Bermudian-based Treefrog Consulting is launching a service to help local insurance firms follow new BMA regulations. The BMA regulations, coming into effect on September 1, necessitate the implementation of an effective risk management framework aime...

The rules are meant to ensure that insurers prepare for a range of possible adverse situations

The legislation imposes an obligation on a Class T licensee to maintain a record of both its client and its own transactions

Two Restricted SPI insurers were among five registered by the Bermuda Monetary Authority in April

Commercial insurers may be required to prepare a recovery plan under a Bill tabled in the House of Assembly

The Bermuda Monetary Authority answered criticisms of a conflict of interest by saying an existing policy prevented such a conflict

Banking sector total assets were up in the fourth quarter but declined overall in 2022, the Bermuda Monetary Authority has reported

A delegation from Bermuda is heading to Atlanta for the annual conference of the Risk and Insurance Management Society