Local Business Banking sector’s net profits decline in second quarter After-tax income of $130.8 million was a 3 per cent or $4 million decline compared with the previous quarter Oct 13, 2024
Local Business BMA volunteers in Community Day The BMA collaborated with five staff-chosen charities in volunteering their time Oct 07, 2024
Crime BMA warns of phishing scam A caller attempted to get bank details from a potential victim after claiming to work for the authority Oct 01, 2024
Reinsurance BMA registers four insurers Year-to-date registrations total 34 insurers and eight intermediaries Sep 16, 2024
Reinsurance Bermuda plays outsized role in plugging cyber protection gap BMA report says commercial and captive insurance sectors together constituted approximately 57 per cent of the global cyber GPW written in 2022 Sep 16, 2024
Reinsurance BMA stress tests show long-term market’s resilience The Bermuda Monetary Authority has just released its Liquidity Risk in the Bermuda Long-Term Insurance Market assessment Sep 02, 2024
International Business Total net asset value of funds rose in second quarter The number of funds at the end of the quarter was 778, up four compared with the first quarter. Aug 22, 2024
Reinsurance BMA registers four insurers Yearly total is now 30 insurers and seven intermediaries Aug 20, 2024
Reinsurance Pioneering Meanwhile first to receive BMA’s IILT licence Company is the only life insurer anywhere in the world that operates entirely in bitcoin Aug 19, 2024
Reinsurance Chainproof Digital graduates from innovation sandbox Company appoints Ben Smith as underwriting officer and Colin McQueen as independent non-executive director Aug 12, 2024
Politics Zane DeSilva calls for boycott of Butterfield Bank Former Cabinet minister says he is launching a campaign for better regulation after his accounts were affected by the bank’s decisions Aug 08, 2024
Local Business Banking sector total assets up in Q1 but down year-on-year Bermuda Monetary Authority says the increase over the previous quarter was mainly driven by a $1 billion, or 38.5 per cent, growth in interbank deposits Aug 06, 2024