Jan 2026
Consolidated Acts
Bermuda Insurance Act 1978 and Related Legislation for Captive Insurers
This is a consolidated version of the Bermuda Insurance Act 1978 and Related Legislation for Captive Insurers together with related regulations and rules, incorporating all amendments to date.
The most recent legislative update includes:
- Amendments to the Fifth Schedule to the Bermuda Monetary Authority Act 1969 made by the Bermuda Monetary Authority Amendment Act 2025, effective 1 January 2026
- Amendments to the Insurance Act 1978 and the Fifth Schedule to the Bermuda Monetary Authority Act 1969 made by the Insurance Amendment (No. 2) Act 2025, effective 7 January 2026
The Bermuda Insurance Act 1978 and Related Legislation for Captive Insurers compendium contains consolidated and up-to-date versions of the following:
- Insurance Act 1978
- Insurance Accounts Regulations 1980
- Insurance Returns and Solvency Regulations 1980
- Insurance (Prudential Standards) (Insurance Brokers and Agents Annual Return) Rules 2018
- Insurance (Prudential Standards) (Insurance Managers Annual Return) Rules 2017
- Bermuda Monetary Authority 1969 (Select provisions – Fees)
Consolidated versions of the above Insurance Rules, Regulations, and Schedules can be found on the Bermuda Monetary Authority website
Conyers Dill & Pearman
Hamilton, Bermuda
Revised: January 2026