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BMA consults on insurance group conduct and solvency-rule amendments Country / market Bermuda Source date June 9, 2026 Reviewed June 24, 2026
Country / market
Bermuda
Affected lines
Reinsurance, Commercial insurance, Insurance groups
Affected entities
Bermuda insurance groups, Commercial insurers, Insurance groups subject to BMA supervision
Source type
Consultation paper
Source title
Consultation Paper - Proposed Amendments to Code of Conduct, (Group Supervision) and (Prudential Standards)(Group Solvency Requirement) Rules 2011
Source publication date
June 9, 2026
Reviewed
June 24, 2026
Status
Consultation paper
Summary
The BMA listed a consultation paper on proposed amendments to insurance group conduct, group supervision, and group solvency requirement rules.
Why it matters
Bermuda is a major insurance and reinsurance jurisdiction, and group-supervision or solvency-rule amendments can be material for regulated insurance groups.
Source note
Official BMA discussion and consultation papers page reviewed for uploaded date, title, comment deadline, and source ownership.
Reader caution
A consultation paper may change before final adoption; check final BMA rules, notices, and implementation material.
BMA issues notice on proposed insurance group rule amendments Country / market Bermuda Source date June 9, 2026 Reviewed June 24, 2026
Country / market
Bermuda
Affected lines
Reinsurance, Commercial insurance, Insurance groups
Affected entities
Bermuda insurance groups, Commercial insurers, Insurance groups subject to BMA supervision
Source type
Regulator notice
Source title
Notice - Proposed Amendments to Code of Conduct, (Group Supervision) Rules 2011 and (Prudential Standards)(Group Solvency Requirement) Rules 2011
Source publication date
June 9, 2026
Reviewed
June 24, 2026
Status
Regulator notice
Summary
The BMA notice points readers to proposed amendments affecting the insurance Code of Conduct, group supervision rules, and group solvency requirement rules.
Why it matters
The notice is a concise source signal for Bermuda insurance group-supervision and solvency-rule consultation activity.
Source note
Official BMA notice document reviewed from the BMA consultation listing and related-document links.
Reader caution
This item records a proposed-rule notice and does not state that final rule text has been adopted.
BMA publishes stakeholder letter on prudent person principle consultation Country / market Bermuda Source date June 9, 2026 Reviewed June 24, 2026
Country / market
Bermuda
Affected lines
Reinsurance, Commercial insurance, Long-term insurance
Affected entities
Bermuda insurers, Insurance groups, Commercial insurers
Source type
Stakeholder letter
Source title
Stakeholder Letter - Consultation Paper - Proposed Instructions and Guidance on the Application of the Prudent Person Principle
Source publication date
June 9, 2026
Reviewed
June 24, 2026
Status
Stakeholder letter
Summary
The BMA stakeholder letter accompanies consultation materials on proposed instructions and guidance for applying the prudent person principle.
Why it matters
Investment-governance and asset-management rules can be important to insurer prudential supervision, especially for groups and commercial carriers with material investment portfolios.
Source note
Official BMA consultation listing reviewed for uploaded date and linked stakeholder-letter document.
Reader caution
This is a source summary, not investment, legal, compliance, supervisory, actuarial, underwriting, or rating advice.
FCA publishes final rules simplifying insurance requirements Country / market United Kingdom Source date December 9, 2025 Reviewed June 24, 2026
Country / market
United Kingdom
Affected lines
Property and casualty, Life and health, Funeral plans
Affected entities
UK insurers, Lloyd's managing agents, Insurance intermediaries, Funeral plan firms
Source type
Policy statement
Source title
PS25/21: Simplifying the insurance rules
Source publication date
December 9, 2025
Reviewed
June 24, 2026
Status
Published policy statement
Summary
The FCA published final rules simplifying selected insurance and funeral plan requirements, including commercial-insurance scoping, product governance, product review frequency, and certain reporting or CPD requirements.
Why it matters
The source is relevant for tracking how the UK conduct regulator is adjusting insurance-sector rules while preserving consumer-protection framing in official policy material.
Source note
Official FCA policy statement page reviewed for source date, title, affected firms, and listed final-rule themes.
Reader caution
This summary is editorial reference material and is not legal, compliance, supervisory, underwriting, pricing, claims, investment, or rating advice.
BaFin publishes further DORA Article 16 implementation guidance Country / market Germany Source date August 21, 2025 Reviewed June 25, 2026
Country / market
Germany
Affected lines
Life and health, Property and casualty, Reinsurance
Affected entities
Insurance holdings where in scope, Small occupational pension institutions where in scope, BaFin-supervised entities covered by Article 16 DORA
Source type
Supervisory notice
Source title
Neue Aufsichtsmitteilung: BaFin veröffentlicht weitere Hinweise zu DORA
Source publication date
August 21, 2025
Reviewed
June 25, 2026
Status
Published supervisory notice
Summary
BaFin published further guidance on simplified DORA requirements for ICT risk management and ICT third-party risk management under Article 16.
Why it matters
The notice gives a dated BaFin source for selected German financial entities, including insurance-related entities where in scope, tracking Article 16 DORA implementation.
Source note
Official BaFin supervisory notice reviewed for date, title, Article 16 DORA topic, and insurance-related entity references.
Reader caution
Check DORA, the BaFin notice, and entity status before drawing implementation conclusions; this is not legal or compliance advice.
CBUAE Insurance Brokers' Regulation takes effect for UAE insurance intermediaries Country / market United Arab Emirates Source date February 15, 2025 Reviewed June 30, 2026
Country / market
United Arab Emirates
Affected lines
Life and health, Property and casualty, Reinsurance
Affected entities
Insurance brokers operating in the United Arab Emirates, Insurance companies operating in the United Arab Emirates, Licensed insurance agents where in scope, Primary insurance operations, Reinsurance operations where determined by the Central Bank
Source type
Regulation
Source title
Insurance Brokers' Regulation | CBUAE Rulebook
Source publication date
February 15, 2025
Reviewed
June 30, 2026
Status
In force
Summary
The CBUAE Rulebook lists C 1/2024 Insurance Brokers' Regulation as in force and effective from 15 February 2025, covering licensing, prudential, governance, conduct, reporting, and disclosure requirements for insurance-brokerage activity.
Why it matters
Broker regulation affects distribution, client-facing conduct, premium and claims-handling workflows, intermediary governance, financial soundness, reporting, and how insurers work with licensed intermediaries in the UAE market.
Source note
Source date shown is the CBUAE Rulebook effective date. The Rulebook page states that the regulation lays down rules for licensing, regulating, and supervising Insurance Brokers and applies to insurance brokers, companies, licensed agents, primary insurance operations, and reinsurance operations where the Central Bank determines the scope. CBUAE annual and statistical reports were not used as sources for this regulation-change item.
Reader caution
This tracker item is a public-source summary and does not provide legal, regulatory, supervisory, licensing, compliance, intermediary-conduct, accounting, audit, actuarial, or commercial advice.
EU publishes Solvency II amending directive Country / market European Union Source date January 8, 2025 Reviewed June 22, 2026
Country / market
European Union
Affected lines
Life and health, Property and casualty, Reinsurance
Affected entities
EU insurance undertakings, EU reinsurance undertakings, Insurance groups
Source type
Official Journal directive
Source title
Directive (EU) 2025/2
Source publication date
January 8, 2025
Reviewed
June 22, 2026
Status
In force
Summary
EUR-Lex publishes Directive (EU) 2025/2, amending Solvency II across proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks, and group and cross-border supervision.
Why it matters
The directive is a central source for EU Solvency II reform and can influence national implementation work in member-state insurance markets.
Source note
Official EUR-Lex text reviewed for title, Official Journal date, legal status, and affected Solvency II themes.
Reader caution
National transposition and supervisory implementation need to be checked in each member state.
Official source
Directive (EU) 2025/2
BMA lists consultation on prudent person principle instructions and guidance Country / market Bermuda Source date December 11, 2024 Reviewed June 24, 2026
Country / market
Bermuda
Affected lines
Reinsurance, Commercial insurance, Long-term insurance
Affected entities
Bermuda insurers, Insurance groups, Commercial insurers
Source type
Consultation paper
Source title
Consultation Paper - Proposed Instructions and Guidance on the Application of the Prudent Person Principle
Source publication date
December 11, 2024
Reviewed
June 24, 2026
Status
Consultation paper
Summary
The BMA consultation paper covers proposed instructions and guidance for applying the prudent person principle to relevant Bermuda insurance entities.
Why it matters
The item provides a source-reviewed reference for Bermuda prudential investment-governance consultation activity affecting insurance-sector supervision.
Source note
Official BMA related-document listing and regulator-hosted PDF reviewed for title, source ownership, and file date.
Reader caution
Consultation material may be revised or superseded; check final BMA materials before relying on implementation details.
PRA restates assimilated Solvency II law into policy framework Country / market United Kingdom Source date November 15, 2024 Reviewed June 22, 2026
Country / market
United Kingdom
Affected lines
Life and health, Property and casualty, Reinsurance
Affected entities
UK Solvency II firms, The Society of Lloyd's, UK insurance groups
Source type
Policy statement
Source title
PS15/24 - Review of Solvency II: Restatement of assimilated law
Source publication date
November 15, 2024
Reviewed
June 22, 2026
Status
Published policy statement
Summary
The PRA published final policy to restate remaining firm-facing Solvency II requirements from assimilated law into the PRA policy framework.
Why it matters
The source is important for tracking where UK insurer prudential requirements sit after the Solvency II reform programme and for checking rulebook references.
Source note
Official PRA policy statement reviewed for source date, restatement scope, and later correction notice context.
Reader caution
This summary is editorial reference material and is not legal, compliance, supervisory, actuarial, underwriting, investment, or risk-transfer advice.
FINMA publishes circular on insurer liquidity Country / market Switzerland Source date October 31, 2024 Reviewed June 25, 2026
Country / market
Switzerland
Affected lines
Life and health, Property and casualty, Reinsurance
Affected entities
Swiss insurers where in scope, Swiss insurance groups where in scope
Source type
Regulatory circular
Source title
2025/03 FINMA-Rundschreiben "Liquidität - Versicherer"
Source publication date
October 31, 2024
Reviewed
June 25, 2026
Status
Published circular
Summary
FINMA's official document listing identifies Circular 2025/03 on liquidity for insurers as a source-reviewed insurance-supervision circular.
Why it matters
The circular gives Swiss insurance readers an official FINMA reference for liquidity-related supervision of insurers.
Source note
Official FINMA search result and regulator-hosted PDF URL reviewed for source date, title, and insurance-circular status.
Reader caution
This item records an official circular reference and does not determine whether a specific insurer is in scope.