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A service for banking industry professionals · Thursday, September 28, 2023 · 658,309,069 Articles · 3+ Million Readers
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Bermuda Monetary Authority News Monitoring

  • Published on Sep 26, 2023

    Ratings upgrade for Ally Insurance members

    Updated: Sep 26, 2023 08:24 PM Bermudian-domiciled Ally International Insurance Company Ltd joins other group members in the ratings upgrade AM Best has upgraded the credit ratings for the members of Ally Insurance Group. They include Motors Insurance …

    Source: The Royal Gazette - Neutral
  • Published on Sep 25, 2023

    ABIR and ABI forge landmark MoU for global re/insurance collaboration

    The Association of Bermuda Insurers and Reinsurers (ABIR) and the Association of British Insurers (ABI) have announced a landmark Memorandum of Understanding (MoU), solidifying their commitment to collaboration in critical areas of the global insurance and …

    Source: Reinsurance News - Neutral
  • Published on Sep 25, 2023

    ABIR MOU With Association of British Insurers

    The Association of Bermuda Insurers and Reinsurers [ABIR] and the Association of British Insurers [ABI] have agreed to work together on matters of mutual interest detailed in a Memorandum of Understanding [MoU]. A spokesperson said, “The agreement will …

    Source: Bernews - Neutral
  • Published on Sep 22, 2023

    Colin James joins Relm as CFO

    Updated: Sep 22, 2023 04:28 PM Colin James, chief financial officer, Relm Insurance (Photograph supplied) Bermudian-headquartered Relm Insurance Ltd has appointed Colin James as chief financial officer. The company said Mr James will direct the innovative …

    Source: The Royal Gazette - Neutral
  • Published on Sep 22, 2023

    Consensus sought for digital asset rules

    The Bermuda Monetary Authority is considering embedded supervision as a way to better regulate the digital asset space. According to BMA chief digital officer Moad Fahmi, local regulators are considering the feasibility of supervision in which the …

    Source: The Royal Gazette - Neutral
  • Published on Sep 22, 2023

    Bermuda key for the growth and evolution of the legacy market: PwC

    “We expect Bermuda will continue to play a significant role in the growth and evolution of the legacy market due to the depth of talent and also its regulator,” suggests Matt Britten, Partner, Insurance, PwC Bermuda. According to PwC, the global non-life …

    Source: Reinsurance News - Neutral
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