Archive

  • Bermuda regulator consults on wide-ranging reforms to insurer rules

    27 February 2023

    Liquidity risk, solvency capital and IAIGs high on the BMA's agenda

  • BMA publishes 2023 business plan

    26 January 2023

    Formalising DEI and ESG approaches are a key priority

  • Bermudian insurers face "intense scrutiny" of assets

    09 December 2022

    BMA to drill into insurer illiquid and alternative assets under new rule enhancements

  • Bermuda re/insurers on hook for $13bn of hurricane Ian's US losses

    07 December 2022

    Industry is set to cover close to 25% of total Ian losses

  • Bermudian insurers remain deficient in climate modelling

    11 May 2022

    Majority of insurers not using vendor cat models for climate projections, the BMA finds

  • Bermudian insurers misjudging cyber exposures by 56 times, warns BMA

    13 April 2022

    Significant risks of non-affirmative exposures not being captured by industry

  • Bermudian insurers raise catastrophe buffers

    17 December 2021

    Opposite trend for groups, according to BMA's analysis

  • Craig Swan becomes chief executive of the BMA

    01 October 2021

    He replaces the departing CEO, Jeremy Cox

  • BMA creates regulatory team to address climate change risk

    13 April 2021

    Island pushing to become a hub of innovation to solve climate risk threat

  • Bermuda stress tests show domestic insurer shock resilience

    18 June 2020

    Asset event biggest hit with 22% capital reduction