September 29 2011
The Bermuda Monetary Authority has published its latest regulatory update which contains figures for the first quarter of 2011 and provides statistics with respect to Bermuda's financial services industry.
Developments in the insurance sector include:
On the statistical front, the authority reported that eight new insurers and intermediaries were registered in the Bermuda market during the first quarter of 2011, the majority of such new entities being Class 3 captive insurers and special purpose insurers.
The regulatory update can be accessed here.
For further information on this topic please contact Janita Burke at Appleby by telephone (+1 441 298 3216 or +1 441 298 3536), fax (+1 441 292 8666) or email (firstname.lastname@example.org).
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