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BMA's Minimum Essential Coverage Health Plan - October 2021We examine below the BMA's analysis of liquidity risk in the Bermuda long-term insurance market. Bermuda's Long-Term Insurance Market. BLTIs. The BMA is focused on risks in PE insurer transactions: complex structures, conflicts of interest, higher ratios of investments in illiquid. The Bermuda Monetary Authority (BMA) confirmed the registration of two insurers in June, taking the yearly total to 26 insurers.