Bermuda Monetary Authority Proposes Enhancements to its Regulatory Regime

In our latest installment of “The Standard Formula” podcast, partner Rob Chaplin and associate Ilianna Kotini discuss the proposals made in the Bermuda Monetary Authority's latest consultation paper, which are focused on the BMA’s plan to enhance the regulatory and supervisory regime for commercial insurers and insurance groups. Given the wealth of business reinsured in Bermuda, the changes are of interest to the entire insurance industry.