Reinsurance BMA issues discussion paper on climate risk disclosure Regulatory body to consider insurance industry feedback before penning a consultation document Sep 29, 2023
Reinsurance BMA registered two new insurers in August Total insurers registered to date this year is 39, plus four intermediaries Sep 20, 2023
Local Business Companies slow to capitalise on BMA’s sandbox The sandbox was set up for companies to test new technologies in a controlled environment Sep 20, 2023
Reinsurance Vesttoo may be Bermuda’s ‘largest insurance fraud’ ever Insurtech conspiracy is attacked in court filings by liquidators and creditors Sep 18, 2023
Reinsurance Biltir welcomes new guardrails for insurance A regulatory consultation paper has been published by the Bermuda Monetary Authority Sep 17, 2023
International Business BMA grants DAB licence to pioneering Mountain Protocol The licence has been granted for an initial period of one year and is said to be the first of its kind Aug 30, 2023
International Business Credora granted Class M digital asset business licence by BMA The San Francisco-headquartered company is lending and credit intelligence infrastructure provider Aug 29, 2023
Reinsurance BMA levies $900,000 fine on Acadia Life The BMA said the insurer failed to adequately comply with obligations under AML/ATF regulations Aug 24, 2023
General Jewel Bank behind schedule and less talkative Bermuda’s first fintech bank has missed its proposed opening date, and its founder has gone quiet Aug 16, 2023
Banking Net interest income drives Q1 bank profits Banking sector assets contracted, however, by 6.2 per cent or $1.6 billion to $24.4 billion for the first quarter of 2023 Aug 13, 2023
Reinsurance BMA registers four new insurers Thirty-seven insurers and four intermediaries have been registered this year Aug 11, 2023
General Vesttoo’s Bermuda entity in liquidation The collateralised insurer has been identified as being at the centre of the insurtech’s operations Aug 08, 2023