19 February 2014News

BMA hits five registrations for January

The Bermuda Monetary Authority (BMA) reports five new registrations for January 2014, including three class 3A entities.

Rubik Reinsurance, Hyaline Re, and Swan Re were all registered with the BMA in the first month of 2014, along with one Class 2 and one Class C. Of the five insurance applications reviewed in January two were declined and three approved.