Mobile Menu
Articles

Reclassification of Bermuda Class 3 Insurers

December 2008 David J. Doyle Kent Smith

The Bermuda Monetary Authority (“BMA”) has recently issued Guidance Notes in connection with the reclassification of Bermuda’s Class 3 insurers. The Insurance Amendment Act 2008 (“Amendment Act”) came into force on July 30, 2008 and created three new classes of insurers: Class 3A, Class 3B and Special Purpose Insurers. The Guidance Notes provide additional information in connection with the reclassification application process.

 

To continue reading full articles in PDF format:
Reclassification of Bermuda Class 3 Insurers

 


David J. Doyle
Director

BERMUDA   +1 441 299 4902


Kent Smith
Counsel

Bermuda   +1 441 299 4962


Accolades
_

"Few firms can come close to Conyers on one critical metric, and this is the breadth of the client base."
- IFLR1000

Related International Markets

Bermuda


Media Contact

For media enquiries, please contact media@conyersdill.com

Articles

Reclassification of Bermuda Class 3 Insurers

01 December 2008 David J. Doyle Kent Smith

The Bermuda Monetary Authority (“BMA”) has recently issued Guidance Notes in connection with the reclassification of Bermuda’s Class 3 insurers. The Insurance Amendment Act 2008 (“Amendment Act”) came into force on July 30, 2008 and created three new classes of insurers: Class 3A, Class 3B and Special Purpose Insurers. The Guidance Notes provide additional information in connection with the reclassification application process.

 

To continue reading full articles in PDF format:
Reclassification of Bermuda Class 3 Insurers

 


David J. Doyle
Director

BERMUDA   +1 441 299 4902


Kent Smith
Counsel

Bermuda   +1 441 299 4962


 

International Office(s)

Bermuda