BMA gives SPI vehicles short collateral grace period

06 November 2019

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The Bermuda Monetary Authority (BMA) will give special purpose insurers (SPI) a 15-day grace period before collateral must be in place to support deals, as the regulator looks to tighten up how these ILS vehicles are used.

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BMA gives SPI vehicles short collateral grace period

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BMA gives SPI vehicles short collateral grace period

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