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Insurance

File Date Download
The Insurance Code of Conduct

The Insurance Code of Conduct does not come into effect until July 1st 2010.

February 12, 2010 PDF
Information Bulletin - Fit and Proper Persons

October 14, 2009 PDF
Guidance Note No. 20 - Special Purpose Insurers

This note sets out guidance in relation to the Authority’s licensing and supervisory regime in relation to SPIs. A primary focus of the Note is to demonstrate the Authority’s approach to the supervision of SPIs which involves setting out prudent and robust fundamental requirements that SPIs must meet in order to be licensed under Bermuda law.

October 05, 2009 PDF
Information Bulletin - Special Purpose Insurers

This Information Bulletin is comprised of a series of documents, exhibits and appendices which together provide a comprehensive overview of the Authority’s licensing and ongoing supervisory activities associated with SPIs. A primary focus is to demonstrate the Authority’s approach to the supervision of SPIs which involves, in the first instance, setting out prudent and robust fundamental requirements that these (re)insurers must meet in order to be licensed.

October 05, 2009 PDF
Guidance Notes for Standards and Application Framework for the Use of Internal Capital Models for Regulatory Capital Purposes

June 30, 2009 PDF
Guidance Note No. 16 - Enhanced Capital Requirement

December 23, 2008 PDF
Guidance Note No. 17 - Commercial Insurer Risk Assessment

December 23, 2008 PDF
Guidance Note No. 18 - Investments to Affiliates

December 23, 2008 PDF
Survey of Economic Capital Modelling Practices in the Bermuda Insurance Market

December 15, 2008 PDF
Application Form for Class 3 Reclassification

September 17, 2008 PDF
Guidance Notes for Class 3 Reclassification

September 17, 2008 PDF
Clarification of Guidance Note

April 23, 2008 PDF
Role of Principal Rep. Mar. 05

March 18, 2008 PDF
Role of Inspector Mar. 05

March 18, 2008 PDF
Fit and Proper Loss Reserve Specialists Mar. 05

March 18, 2008 PDF
Role of Loss Reserve Specialist Mar. 05

March 18, 2008 PDF DOC
Fit and Proper for Auditors Mar. 05

March 18, 2008 PDF
Role Approved Auditor Mar. 05

March 18, 2008 PDF
Fit and Proper Intermediaries Mar 05

March 18, 2008 PDF
Appointment Manager Mar 05

March 18, 2008 PDF
Fit and Proper Approved Actuary Mar. 05

March 18, 2008 PDF
Role of Approved Actuary Mar 05

March 18, 2008 PDF
Market Conduct Domestics Mar. 05

March 18, 2008 PDF
Corporate Governance Mar 05

March 18, 2008 PDF
Risk Management and Internal Controls Mar. 05

March 18, 2008 PDF
Insurance Activity Mar. 05

March 18, 2008 PDF
Investments Mar. 05

March 18, 2008 PDF
Insurance SOP

June 18, 2007 PDF