This consultation paper describes the Bermuda Monetary Authority’s proposed enhancements to the reporting requirements for limited purpose insurers. This paper should be read in conjunction with the proposed Annual Statutory Return for Class 1s, Class 2s, Class 3s, Captive Duals, Long-Terms and Special Purpose Insurers.

This Consultation Paper outlines the Bermuda Monetary Authority’s proposed approach to enhancing the regulatory and supervisory regime for commercial insurers, which are defined as Class 4, 3B and 3A general business and Class E, D and C long-term insurers.

The Bermuda Monetary Authority recently published a draft of the Insurance (Prudential Standards) (Class 4 and Class 3B Solvency Requirement) Amendment Rules 2011. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority recently published a draft of the Eligible Capital Rules 2010. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority (the “Authority”) proposes for amendments to be made to the Insurance Act 1978 and related regulations to, amongst other things; take into account general housekeeping matters resulting from consultation with Industry; the rolling in of Class 3A insurers so that such class of insurers will now be subject to enhanced solvency reporting; and other regulatory requirements to align the Authority’s framework with relevant Solvency II initiatives. The deadline for parties to provide comments to the Authority’s proposals is 10th November 2011; all comments are to be sent to policy@bma.bm.

Please note that the Authority is extending the consultation period for the following pieces of draft legislation which were issued on 27th June 2011: 1. Insurance (Prudential Standard)(Class 3A Solvency Requirement) Rules 2011, 2. Insurance (Prudential Standard) (Class 4 & 3B Solvency Requirement) Amendment Rule 2011. The revised deadline for interested parties to submit comments on these items is now 30th September 2011.

The Bermuda Monetary Authority issued its recent publication, Consultation Paper on the Disclosures and Transparency June 2010 Update. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority issued its recent publication, Consultation on the Catastrophe Risk Return Guidelines. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority issued its recent publication, Consultation Paper on the Commercial Insurer’s Solvency Self Assessment (“CISSA”). A number of comments have been received and the Authority´s responses are in the attached letter.

The attached spreadsheets are referenced in the Response to the Consultation Paper on A Solvency Framework for Long-Term Insurers.

The attached spreadsheets are referenced in the Response to the Consultation Paper on A Solvency Framework for Long-Term Insurers.

The Bermuda Monetary Authority issued its recent publication, Consultation Paper on the Solvency Framework for Long-Term Insurers. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority has issued the Insurance Amendment (No. 3) Act 2010 (the Bill) for consultation to the market. The Bill seeks to effect further enhancements to the Authority´s current insurance regime.

This discussion paper outlines changes proposed by the Bermuda Monetary Authority (the Authority) to its regulatory framework and statutory reporting requirements. In this paper, the Authority is considering the introduction, for solvency purposes, of an economic balance sheet framework for the Bermuda market. The proposals in this paper will apply to the Bermuda commercial insurers (Class4, Class 3B, Class 3A insurers and insurance groups for which the Authority would be the group-wide supervisor. In addition, the concepts in this paper would also be considered for Long-Term commercial insurers.

This consultation paper sets out the Authority’s proposals to revise its regime for long-term insurers.

This Consultation Paper outlines the Authority’s proposed approach to the Catastrophe Risk Return ("Cat Return"), providing draft guidance on this topic.

This Consultation Paper outlines the Authority’s proposed approach to public and regulatory transparency disclosures.

This Consultation Paper outlines the Authority’s proposed approach to the implementation of an insurer’s own risk and solvency assessment regime referred to as the Commercial Insurer’s Solvency Self Assessment (CISSA).

The Bermuda Monetary Authority issued its recent publication, Discussion Paper on a Capital and Solvency Framework for Long-Term Insurance. A number of comments have been received and the Authority´s responses are in the attached letter.

The Bermuda Monetary Authority issued its recent publication, Consultation Paper on the Insurance Code of Conduct. A number of comments have been received and the Authority’s responses are in the attached letter.

This paper outlines the Authority’s proposal for the implementation of a group-wide supervisory regime. Draft legislation related to the proposed groups framework will follow in due course.

The Bermuda Monetary Authority issued its recent publication, Discussion Paper on the Own Risk and Solvency Assessment Process. A number of comments have been received and the Authority’s responses are in the attached letter.

This paper sets out the Authority’s proposals for a capital and solvency framework for long-term insurance companies.

The Bermuda Monetary Authority issued its recent publication, Consultation Paper on Disclosure and Transparency and accompanying draft legislation. A number of comments were received and the Authority’s responses are in the attached letter.

This discussion paper provides high level guidance on the Authority’s proposed approach to the ORSA process.

This Consultation Paper outlines the Bermuda Monetary Authority’s proposed Insurance Code of Conduct.

This Consultation Paper outlines the Bermuda Monetary Authority’s proposed approach to determining capital resources eligible to meet regulatory capital requirement levels.

The Bermuda Monetary Authority issued its recent publication, Discussion Paper on Implementing Group-wide Supervision. A number of comments have been received and the Authority’s responses are in the attached letter.

This consultation paper outlines the Bermuda Monetary Authority’s proposed approach to public and regulatory transparency disclosures.

This consultation paper provides guidance on the Bermuda Monetary Authority´s proposed standards and application framework for Class 4 insurers applying to use an Internal Capital Model for regulatory capital purposes.

The attached consultation paper sets out guidance in relation to the Authority’s licensing and ongoing supervisory activities associated with Special Purpose Insurers. A primary focus of the paper is to facilitate a prudent applications and approval process of these vehicles through the development of a clear understanding of the regulatory issues associated with this class of insurer. Comments should be forwarded to Gina Smith at gsmith@bma.bm no later than 31st May 2009.

This paper outlines the Authority’s proposal for the implementation of a group-wide supervisory framework. The views of the insurance industry and other interested persons on the proposals set out in this paper are invited. Comments should be sent to the Authority addressed to policy@bma.bm not later than May 29th, 2009.

This Discussion Paper considers whether there are any powers in use by other regulators that might enhance the Authority´s capacity to regulate the insurance industry effectively, to ensure it meets appropriate international standards, and to assist with mutual recognition under Solvency II. Please note that this paper contains a proposal regarding the publication of certain information that is relevant to ALL regulated entities, not solely insurers.

This statement is in response to the comments received on the Consultation Paper on Building Resources to Meet Advances in Global Insurance Supervision.

This consultation paper explains the BMA’s proposals to ensure the Authority is able to build its resources to meet advances in global insurance supervision affecting commercial insurance firms.

This paper outlines the Authority´s proposal for the reclassification of the Class 3 sector. The consultation period has ended and legislation has been passed. However, this paper has been reposted for reference purposes.

Pursuant to Section 6A of the Insurance Act 1978, the Insurance (Prudential Standards) (Class 4 Solvency Requirement) Order 2008 prescribes prudential standards in relation to Enhanced Capital Requirement and Capital and Solvency Return for every Class 4 Insurers.

This paper outlines the proposed amendments which will be included in the Bermuda Monetary Authority´s ("the Authority") Statement of Principles ("SOP"). The amendments to the current SOP outline the Authority´s proposed application of the Insurance Act 1978 ("the Act") with respect to the administrative procedures associated with the Capital Add-on Policy ("the Policy") pursuant to the Section 6D of the Act.

This document provides details of the Authority´s response to industry feedback received during the consultation process regarding the Class 3 Reclassification initiative.

This document provides details of proposed legislation that will facilitate implementation of the Class 3 Reclassification initiative, as well as the Bermuda Solvency Capital Requirement.

This paper outlines the Bermuda Monetary Authority’s (“Authority’”) proposal for introducing capital add-on and reduction charges for both the Bermuda Solvency Capital Requirement (BSCR) and company specific approved internal models for Class 4 insurers (“the Insurer”), as defined in Section 4 read in conjunction with Section 1 of the Insurance Act 1978 (“the Act”).

This paper outlines the Bermuda Monetary Authority’s (“Authority’”) proposed Commercial Insurer Risk Assessment (“CIRA”)procedures to be followed by Class 4 insurers (“the insurer”), as defined under Section 4 of the Insurance Act 1978 (“the Act”) to be read in conjunction with Section 1 of the Act in relation to the Commercial Insurer Risk Assessment (“CIRA”).

This paper outlines the Authority’s proposal to publicly publish audited GAAP financial statements of Class 4 (re)insurers as defined under the Insurance Act 1978.

This paper sets out the Bermuda Monetary Authority’s (“the Authority”) proposal on the use of company specific internal models to assist in determining a company’s regulatory capital requirement (“RCR”).

This paper outlines the Bermuda Monetary Authority’s (“the Authority”) proposal to introduce its new risk-based approach (“Bermuda Solvency Capital Requirement”) in determining insurer solvency capital requirement.