Bermuda P&C re/insurance sector net income increases 22.5% in 2024: BMA

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Reinsurance News - Dec 23, 2025

In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio increased by 3.5 percentage points year over year to 79....

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