Bermuda: Insurance

It’s been an exceptionally busy start to the year for the catastrophe bond sector, with Q1’26 officially becoming the second highest Q1 on record...

As detailed therein, the OpRes Code is designed to strengthen the Bermuda financial sector's ability to withstand, adapt to, and recover from operational disruptions.

Bermuda is one of the leading captive insurance markets in the world with over 600 registered captive insurers writing an impressive ~$30 billion of annual gross written premiums

Bermuda is one of the leading captive insurance markets in the world with over 600 registered captive insurers writing an impressive ~$30 billion of annual gross written premiums

The Plan provides important insight into the BMA’s regulatory direction, supervisory priorities and emerging developments that will shape how insurers operate going forward and how Bermuda continues to strengthen its regime. We have highlighted key developments that are outlined in the Plan as they relate to the insurance sector and what they mean for insurers conducting business in Bermuda.

We are only a few weeks into the start of 2026 and already there are new and important updates relevant to certain stakeholders operating in Bermuda's insurance and reinsurance industry.