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The Insurance (No. 2) Amendment Act 2019 (Amendment Act) became operative on 31 December 2019.

In November 2015, Bermuda was awarded full equivalence under the EU's Solvency II directive, which gives its firms a "passport" to sell directly into Europe.

In financing transactions it is common for companies of the borrowing group to provide some sort of security, such as security over the shares in companies of the borrowing group, including offshore entities, either by taking legal or equitable security over the shares.

Bermuda's commitment to providing innovative solutions in the ever-evolving insurance marketplace is well-established.

This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 31 March 2022.

The ILS market has broadly welcomed moves by the Bermuda Monetary Authority (BMA) to create a new collateralised insurance vehicle,

Bermuda to fast track the incorporation process for collective investment schemes

Bermuda is not considered an international banking center and only banks licensed by the Bermuda Monetary Authority (BMA) under the Banks and Deposit Companies Act 1999 (BDCA) are entitled to undertake banking businesses in or from Bermuda.

Bermuda now has an effectively bifurcated regulatory regime for (re)insurance in the run-up to Solvency II, writes Michael Frith.

This guide to Bermuda's banking and finance laws and regulations includes commentary on the national banking authorities, banking licences, cross border activities, organisational...

This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 30 June 2022.