Total claims costs from 2016-2024 hit $1.1trn for Bermuda commercial re/insurers: BMA

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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...

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