BERMUDA MONETARY AUTHORITY

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1 BERMUDA MONETARY AUTHORITY CONSULTATION PAPER REVISIONS TO THE INSURANCE CODE OF CONDUCT December 2021 2 TABLE OF CONTENTS I. Introduction ........................................ ........................................ ........................................ ............ 3 II. Proposals ........................................ ........................................ ........................................ ................. 3 Brief Description of Proposed Changes.

5. In assessing the existence of sound and prudent business conduct, the Authority will have regard forboth its prudential objectives and the appropriateness of the Code’s provisions of the Code in relation to their application to a particular insurer, taking into account the Authority’s prudential objective underpinning the provision

  Authority, Prudential