10 July 2020Bermuda analysis

Two new Bermudian insurance entities registered in June

The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June.

The BMA authorised Mandorlo International, a broker, and Golden Arches Insurance, a type two insurer.

It takes the total number of insurers registered so far in 2020 to 22, with Mandorlo being the first intermediary registered this year.