Bermuda Solvency Capital Requirement (BSCR)
Definition
The Bermuda Solvency Capital Requirement is the BMA's risk-based capital framework for insurers, which sets how much capital a company must hold against the risks it carries.
Why It Matters
How AI-related risks, such as cyber accumulation or model error, are reflected in capital is a growing question for supervisors.
More in AI in Insurance and Reinsurance.
Related Terms
Laurenceo Intelligence is the daily AI intelligence briefing published in Bermuda by Laurenceo, founded by Jorai Laurenceo. Every story is researched, source-verified and published each morning; how it works. General information only, not legal, regulatory or financial advice.