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.
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Class 3B 2024 BSCR - 27 February 2023
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Class 4 2024 BSCR - 27 February 2023
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Class C 2024 BSCR - 27 February 2023
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Class D 2024 BSCR - 27 February 2023
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Class E 2024 BSCR - 27 February 2023
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Group 2024 BSCR - 27 February 2023
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Consultation Paper - Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers - 24 February 2023
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Guidance Note - Management of Climate Risks for Commercial Insurers - 31 October 2022
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Stakeholder Letter - Head of IAIG - 12 October 2022
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Stakeholder Letter - Consultation Paper - Recovery Planning - 11 October 2022
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Stakeholder Letter - Revisions to the Insurance Code of Conduct - 26 August 2022
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Consultation Paper - Recovery Planning Regulations Insurance Sector - 30 July 2022
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Consultation Paper - Head of IAIG - 30 June 2022
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Insurance Amendment No 1 Act 2022 Stakeholder Letter - 9 June 2022
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Insurance Amendment No 2 Act 2022 Stakeholder Letter - 9 June 2022
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Consultation Paper - Class IILT and Section 24 Separate Accounts - 31 May 2022
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Insurance Prudential Standard Stakeholder Letter - 24 March 2022
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Insurance (Prudential Standards) (Class C, Class D and Class E Solvency Requirements) Amendment Rules 2022 - 1 February 2022
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Insurance (Prudential Standards) (Class 4 and 3B Solvency Requirements) Amendment Rules 2022 - 1 February 2022
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Insurance Amendment Act No.2 2021 - 1 February 2022
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Insurance Amendment No.1 Act 2022 - 1 February 2022
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Insurance (Prudential Standards) (Insurance Group Solvency Requirements) Amendment Rules 2022 - 1 February 2022
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Consultation Paper - Revisions To The Insurance Code of Conduct - 1 February 2022
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Insurance (Prudential Standards) (Class 3A Solvency Requirements) Amendment Rules 2022 - 1 February 2022
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Stakeholder Letter - Prudential Rules CP - 5 July 2021
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CP - Insurance Group Supervision Amendment Rules - 1 July 2021
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Consultation Paper on Amendments to Prudential Rules - 1 May 2021
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Stakeholder Letter - Consultation Paper on IAIG Definition - 25 February 2021
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Consultation Paper - Introduction of the Concept of IAIG Proposal - 31 January 2021
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Response to Industry Comments - Insurance Sector Operational Cyber Risk Management Code of Conduct - 6 October 2020
