In a recent speech, Gareth Truran, the executive director of insurance supervision at the UK Prudential Regulation Authority (PRA), set out observations on growth in bulk purchase annuity (BPA) deals. The number of BPA deals...more
This chapter discusses the Bermudian prudential solvency regime. Bermuda rose to prominence in the insurance and reinsurance industries in the late 1960s and early 1970s, largely due to its pioneering work in the...more
3/17/2025
/ Bermuda ,
Capital Markets ,
Capital Requirements ,
Compliance ,
Financial Regulatory Reform ,
Financial Services Industry ,
Insurance Industry ,
Regulatory Requirements ,
Risk Management ,
Tax Planning ,
Tax Reform
Financial services regulators are intensifying their scrutiny of non-financial misconduct (NFM) within the financial services industry.
Related to this, the insurance marketplace Lloyd’s of London published a...more