Search results
Order by most recent / most popular / relevance
Results: 1-8 of 8
Newsflash from the World Insurance Forum
- Edwards Wildman Palmer LLP
- -
- Bermuda, Switzerland
- -
- March 18 2010
In his remarks Monday, March 15, 2010, at the World Insurance Forum in Bermuda, Jeremy Cox, Chief Executive Officer of the Bermuda Monetary Authority (BMA), announced that, during a break at the Forum, CEO Cox and Dr. Monica Mächler, Vice Chair of the Board of Directors of the Swiss Financial Market Supervisory Authority (FINMA), executed a Memorandum of Understanding (MoU) between the BMA and FINMA
Bermuda continues stride towards regulatory equivalency with Solvency II
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- June 14 2010
The Bermuda Monetary Authority ("BMA") announced on June 1 that it had taken an important step towards achieving equivalence with the European Union's imminent Solvency II regulations by initiating a pilot of its internal capital model ("ICM") review process with Bermuda's largest commercial insurers
Bermuda legislation imposes a one-time levy on some class four insurance companies
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- August 13 2010
In an effort to cover the costs of raising supervisory standards, the Insurance Companies (Special Fees) Act will impose an one-off $230,000 levy on certain Class 4 insurance companies in Bermuda
The Bermuda Monetary Authority publishes regulatory update for October 2010
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- October 26 2010
In its quarterly Regulatory Update, released October 21, 2010, the Bermuda Monetary Authority ("BMA") summarizes its latest initiatives and proposals for the island's insurance industry
Bermuda Monetary Authority extends deadline for compliance with the Insurance Code of Conduct
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- January 3 2011
On December 23 the Bermuda Monetary Authority ("BMA") released its regulatory update for the third quarter of 2010
The Bermuda Monetary Authority extends Class 4 solvency requirements to Class 3B insurers
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- September 27 2010
In a continuing effort to enhance the supervisory regime for Bermuda-based (re)insurers ahead of third country assessment of its framework under Solvency II, the Bermuda Monetary Authority ("BMA") issued a 2010 Amendment to the Insurance (Prudential Standards) (Class 4 Solvency Requirement) Order of 2008
Bermuda Monetary Authority publishes report on the Bermuda captive insurance market
- Edwards Wildman Palmer LLP
- -
- Bermuda
- -
- September 20 2010
In August, the Bermuda Monetary Authority, in conjunction with the Bermuda Insurance Managers Association, published its third annual report on the Bermuda captive insurance market
Solvency II - Bermuda and Switzerland in line for first equivalency assessments
- Edwards Wildman Palmer LLP
- -
- Bermuda, Switzerland
- -
- July 15 2010
On 14 July 2010, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) published its draft advice on equivalence assessments to be undertaken in relation to three areas of the Solvency II directive, being reinsurance, group supervision and group solvency
Current Search
- Workarea - Insurance & Reinsurance
- Author - Victoria Anderson
- Jurisdiction - Bermuda