Synopsis: The Bermuda Monetary Authority (BMA) has been responsible for regulating all Bermudian financial services industries, including insurance and reinsurance companies, since 2002, when this responsibility was transferred to the BMA from the minister of finance. In practice, the day-to-day functions of the BMA are delegated to the supervisor of insurance, who is appointed by the BMA and sits as an ex officio member of the board of directors of the BMA.
Authors: Rod. S. Attride-Stirling
Article: Getting the Deal Through