BERMUDA MONETARY AUTHORITY
insurer’s nature, scale and complexity. 5.6. The proportionality principle is applicablediscussed above applies to all sections of the Code regardless of whether the principle is explicitly mentioned. 6.7. Limited purpose insurers, in particular, should be mindful of the proportionality
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Solvency II Equivalence FAQs - Bermuda Monetary …
www.bma.bmSolvency II Equivalence FAQs 03 The Authority’s focus for gaining equivalency has been on Bermuda’s commercial insurers due to the Europe by these classes and the
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BERMUDA MONETARY AUTHORITY
www.bma.bm(Code), replaces the Investment Business Act 2003 General Business Conduct and Practice Code of Conduct and the Advertising Code of Conduct, both of which were issued in June 2010. 2. The Code is issued pursuant to section 10 of the Investment Business Act 2003 (Act). Section 10 provides that the Bermuda Monetary Authority (Authority or BMA ...
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