05/19/2023

BVI Annual Return

The annual return takes the form of a simple unaudited balance sheet/statement of financial position and an income statement.

05/17/2023

Five new insurers registered in April

The BMA noted that the registration/licensing of approved insurance entities is issued after the IALC application process and may be confirmed in future periods.

05/16/2023

New requirements for re/insurers

Any such requirement must take into account the nature, scale, complexity and risk profile of the insurance business