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The regulator has taken another step toward modernising Bermuda’s ILS regime

BMA rules apply to digital asset businesses as well as lawyers, accountants, casinos and real estate

Long-term insurance market, climate risk, outsourcing and resilience are all targets of new rules

Decision comes amid global scrutiny of agencies and private credit

Regulator moves towards embedding tokens within mainstream regulatory framework

Policies pay out based on predefined triggers, such as wind speed or rainfall

Firms are supplementing their modelling results with human judgment to account for climate uncertainty

Figure is an improvement from the previous year, but progress remains insufficient

Mya Gibbons, an Appleby associate, provides an overview of the different features involved

Craig Swan and Ricardo Garcia speak with officials on financial stability and pensions

Brining the land valuation department into the digital age is among Bills passed by the Upper House

The organisation donated more than a 1,000 gifts to residents of four local nursing homes