BermudaIntegrated financial supervisor
BMA
Insurance supervision in Bermuda.
Greater long-term insurer disclosure: December 2025. BMA introduced more detailed public asset and liability disclosures for commercial long-term insurers.
Report reviewed
THE REGULATORY ATLASINSURERS GLOBAL · RESEARCH & PERSPECTIVE
Insurance supervision, in context
The institutions
behind trust.
Explore the authorities shaping insurance markets. Their mandates, the rules they uphold, and what their own reports reveal.
5markets in this edition
5detailed profiles
1region covered
Official sourcesLegislation & mandatesPublic contact detailsDated report insights
01 / Market perspectives
One industry. Different guardians.
Country portraits with sourced regulator profiles. Report findings carry their own dates and definitions; access gaps are clearly marked.
Bermuda
CanadaFederal and provincial supervision
OSFI / provincial regulators
Insurance supervision in Canada.
Revised life capital framework: 1 January 2025. OSFI’s revised Life Insurance Capital Adequacy Test took effect, including a new treatment of segregated-fund guarantee risk.
Report reviewed
MexicoSpecialist commission within the finance ministry
CNSF
Insurance supervision in Mexico.
Premiums placed by agents: 51.3%. Agents remained the largest distribution channel; internet placements reached MXN 15bn.
Report reviewed
United StatesState-based supervision
State departments / NAIC
Insurance supervision in United States.
Policyholders’ surplus: USD 1.27tn. Surplus reached a new high, while reduced investment gains contributed to a 10% fall in net income.
Report reviewed
Central America and the CaribbeanSeparate national jurisdictions
National supervisory authorities
Insurance supervision in Central America and the Caribbean.
Institutional profile · report access notes inside.
Sources checked
Illustrations generated with OpenAI image tools. They evoke each country; they are not photographs of regulator premises. Quotations are transcribed from the linked sources.
02 / The directory
Find your market’s supervisor.
5 covered markets in North America. Open an official website to check a licence. Verification badges describe directory register checks, not the completeness of an editorial profile.
| Country | Supervisory authority | Acronym | Website & social accounts | Region | Notes | Insurers | Verification |
|---|---|---|---|---|---|---|---|
| Bermuda | Bermuda Monetary AuthorityRead profile ↗ | BMA | bma.bm | Bermuda | Integrated financial supervisor | 49 | Partial |
| Canada | Office of the Superintendent of Financial Institutions (federal); AMF Quebec, FSRA Ontario, BCFSA and other provincial regulators for provincially incorporated insurersRead profile ↗ | OSFI / provincial regulators | osfi-bsif.gc.ca | Canada | Federal and provincial supervision | 198 | Verified |
| Central America and the Caribbean | National supervisory authoritiesRead profile ↗ | National supervisory authorities | www.sugese.fi.cr | Central America & Caribbean | Separate national jurisdictions | 13 | Partial |
| Mexico | Comision Nacional de Seguros y FianzasRead profile ↗ | CNSF | gob.mx | Mexico | Specialist commission within the finance ministry | 100 | Verified |
| United States | State insurance departments (50 states + DC + territories), coordinated through the NAIC; Federal Insurance Office (Treasury) monitorsRead profile ↗ | State departments / NAIC | naic.org | United States | State-based supervision | 4157 | Partial |
No markets match that filter.
Entity counts are records in this directory, not regulator-reported market totals. Profiles identify the publications reviewed and disclose remaining source gaps.
Accounts linked by official websites are distinguished from matched institutional profiles awaiting website confirmation. Accounts may belong to parent institutions or cover only part of a grouped market. A listing does not establish current activity. Download regulator JSON with social accounts.
Frequently asked
Who regulates insurance in North America?
In the United States insurance is regulated by the states: each has an insurance department (the Texas Department of Insurance, the New York DFS, the California DOI and so on) coordinated through the NAIC, with the Federal Insurance Office at the Treasury monitoring, and captives are licensed by their domicile state, led by Vermont. Canada’s federally incorporated insurers answer to OSFI and provincially incorporated ones to the AMF in Québec, FSRA in Ontario, BCFSA and the other provincial regulators. Mexico’s CNSF supervises insurers and surety companies, and the Bermuda Monetary Authority licenses Bermuda’s commercial reinsurers and captives. For this release Canada was reconciled against the OSFI register, Mexico against the AMIS directory and CNSF padrón, the United States against the Texas licence exports and the Vermont captive register, and Bermuda against ABIR membership; the Central American and Caribbean rows are compiled from market knowledge.
How do I check whether an insurer is licensed?
Open the regulator website linked in the table and look for its register of licensed entities, usually published annually in a gazette or on a "licensed companies" page. This directory links every insurer to its regulator and records which register it was checked against.
How often are the registers updated?
Most supervisors publish a full list once a year and announce licence grants or revocations in between. Insurers Global re-verifies against the published register and records the date on each country page.
Regions covered: Canada, United States, Bermuda, Mexico, Central America & Caribbean. JSON: /api/v1/regulators.json.