BSCR (Bermuda Solvency Capital Requirement)

The Bermuda Solvency Capital Requirement is the risk-based capital standard set by the Bermuda Monetary Authority for commercial insurers and reinsurers. Using a standardised model, it charges capital against insurance, market, credit and operational risks to produce a required capital level the insurer must hold to remain solvent.

Related terms

• SCR (Solvency Capital Requirement)
• RBC (Risk-Based Capital)
• Cell Captive

See also

• Solutions