We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
The Bermuda Monetary Authority (BMA) has published an Information Bulletin (the Bulletin), dated 5 October 2009, setting out the BMA’s approach to the supervision of special purpose insurers (SPI) and the requirements that SPIs must meet to be licensed
With the adoption of the Insurance Investment Act of 2008, Bermuda has adopted risk-based capital adequacy standards for "high impact insurers" and instituted a structure which will be equivalent to those in Europe's Solvency II Directive
