Total claims costs from 2016-2024 hit $1.1trn for Bermuda commercial re/insurers: BMA
Reinsurance News - Sep 15, 2025
From 2016 to 2024, Bermuda commercial insurer and reinsurer incurred $1.1 trillion in gross claims costs to policyholders and cedants globally, according to data from the Bermuda Monetary Authority (BMA). Over the nine-year period, Bermuda re/insurers incurred a total of $831 billion in gross claims...
Recommended Articles
Posted: Oct 07, 2025
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cy...
Posted: Oct 07, 2025
Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternativ...
Posted: Oct 07, 2025
Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named...