Amendment to Directive 2009/138/EC on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda to the regime laid down in Directive 2009/138/EC of the European Parliament and of the Council

This procedure assesses whether Bermuda's rules for insurance and reinsurance companies are equivalent to EU standards. It ensures a level playing field and protects policyholders.

This decision affects insurance companies operating in Bermuda and the EU, impacting financial services regulation and market access.