BMA data suggests majority of Bermudian insurers purchased external cat reinsurance in 2023

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Reinsurance News - Dec 30, 2024

A new study by the Bermuda Monetary Authority (BMA) on catastrophe risk modelling practices on the island has found that the number of insurers purchasing little or no external catastrophe reinsurance decreased in 2023, which reflects the heightened demand for coverage during the year. The BMA asked...

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