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The Authority publishes formal consultation papers to industry as part of the development process for its on going enhancements to Bermuda’s regulatory framework for insurance. Such consultation facilitates input from the market in parallel to ensuring that any proposed regulatory changes will be effective and consistent with international standards.


  • Class 3A 2024 BSCR - 22 August 2023
  • Class 3B 2024 BSCR - 22 August 2023
  • Class 4 2024 BSCR - 22 August 2023
  • Class C 2024 BSCR - 22 August 2023
  • Class D2024 BSCR - 22 August 2023
  • Class E 2024 BSCR - 22 August 2023
  • Group 2024 BSCR - 22 August 2023
  • Default and Downgrade Costs - 18 August 2023
  • SBA Lapse Liquidity Return Template - 31 July 2023
  • Consultation Paper - Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers - 28 July 2023
  • Stakeholder Letter on Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers - 28 July 2023
  • Consultation Paper - Proposed Recovery Planning Rules for Bermuda Commercial Insurers - 21 July 2023
  • Draft Statutory Financial Statements Template (Commercial Insurers and Groups) - 14 July 2023
  • Consultation Paper - Proposed Changes to the Statutory Financial Statements Reporting Framework - 14 July 2023
  • Consultation Paper - Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers - 1 May 2023
  • Class E 2024 BSCR - 1 May 2023
  • Class D 2024 BSCR - 1 May 2023
  • Class C 2024 BSCR - 1 May 2023
  • Group 2024 BSCR - 1 May 2023
  • Class 3A 2024 BSCR - 1 May 2023
  • Class 3B 2024 BSCR - 1 May 2023
  • Class 4 2024 BSCR - 1 May 2023
  • Guidance Note - Management of Climate Risks for Commercial Insurers - 31 October 2022
  • Stakeholder Letter - Head of IAIG - 12 October 2022
  • Stakeholder Letter - Consultation Paper - Recovery Planning - 11 October 2022
  • Stakeholder Letter - Revisions to the Insurance Code of Conduct - 26 August 2022
  • Consultation Paper - Recovery Planning Regulations Insurance Sector - 30 July 2022
  • Consultation Paper - Head of IAIG - 30 June 2022
  • Insurance Amendment No 1 Act 2022 Stakeholder Letter - 9 June 2022
  • Insurance Amendment No 2 Act 2022 Stakeholder Letter - 9 June 2022
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