Bermuda leads the way when it comes to catastrophe modelling, but there is still some work to be done with documentation and governance procedures. That is according to Matthew Elderfield, CEO of the ...
The revised Guidance Notes take into account results from the pilot ICM assessments the Authority conducted with selected firms in 2010, and recent international developments in this area.“For a ...
The Bermuda Monetary Authority has issued updated Guidance Notes to the Bermuda market for (re)insurers applying to use an internal capital model (ICM) for regulatory capital purposes. The revised ...