Local Business BMA’s 2025 tech commitment A substantial portion of the regulator’s targeted objectives are technology-focused Jan 30, 2025
Local Business BMA: banking profits jump by $8m in third quarter of 2024 The sector reported a net position after tax of $138.7 million Jan 27, 2025
Reinsurance BMA confirms registration of 13 insurers in December Late flurry takes the annual total to 63, one more than in the previous year Jan 19, 2025
Local Business BMA sets out road map for 2025 The island’s financial services regulator has released its business plan for the year ahead Jan 16, 2025
Local Business BMA: financial institutions must be more operationally resilient Consultation paper says the aim is to ensure that critical services for customers can continue operating without delays or interruptions Jan 16, 2025
Reinsurance BMA grants Class IIGB licence to Soter Insurance Ltd The company’s product offerings include directors and officers’ insurance, asset loss coverage and smart contract insurance Jan 16, 2025
International Business HashKey gets presence in EU Asian-headquartered digital asset financial services group has an operation in Bermuda Jan 09, 2025
Reinsurance BMA: reinsurance sector passes stress test Financial services regulator says island’s property and casualty insurance and reinsurance sector has proved to be resilient to potential adverse impacts Jan 07, 2025
Reinsurance BMA: new approach required for asset-intensive insurance The island’s financial services regulator has published a White Paper surveying the risks Jan 06, 2025
Reinsurance BMA report highlights industry’s use of catastrophe modelling The financial services regulator said AIR Worldwide and Risk Management Solutions are the most frequently used software tools Jan 02, 2025
Reinsurance BMA to consult on changes to IILT and IIGB regulatory regimes The island’s financial services regulator has set a deadline for comments of February 28 Jan 01, 2025
Local Business Company hit with $600,000 penalty for regulation failures The Bermuda Monetary Authority imposes the penalty on Meritus Trust Company Ltd but says it has remediated the issues of concern Dec 31, 2024