Notice - 2024 Annual Return Templates for Insurance Intermediaries (2024-02-28)

Summary

This BMA notice announces that the 2024 annual return templates for insurance intermediaries have been posted to the Authority's website, with no substantive changes from the prior year's versions. It reminds intermediaries of the filing deadline and required submission format for their annual returns.

• Who it covers: Templates apply to Insurance Managers and to Insurance Brokers and Agents
• Submission format: Annual return submissions and related attachments must be sent in Microsoft Excel electronic format, in a zipped file
• Where to send: Submissions go to IntermediariesAnnualReturns@bma.bm; questions go to InsuranceManagers@bma.bm or InsuranceIntermediaries@bma.bm as applicable
• Filing deadline: All submissions must be received on or before 30 June 2024
• Templates location: The latest templates are available in the Reporting Forms and Guidelines section of the BMA website

Key obligations

• Insurance Managers, Brokers and Agents must submit their 2024 annual return and related attachments in Microsoft Excel format, in a zipped file, to IntermediariesAnnualReturns@bma.bm on or before 30 June 2024
• Filers must use the latest version of the annual return templates published in the Reporting Forms and Guidelines section of the BMA website

Applies to

Insurance Managers, Insurance Brokers and Agents

Deadlines

• 30 June 2024: Deadline for submission of 2024 annual return filings and related attachments by insurance intermediaries