Featured Post for Re/Insurances Category Page

From Strength to Strength

Bermuda is a key market for risk transfer, a hub for the flow of some of the most innovative risk solutions. At one time a niche captives market, the Island has not only continued its dominance as the global leader in that area, it has also emerged as the world’s second largest reinsurance market and a powerful force in commercial insurance. Bermuda reinsurers provide an estimated 40 percent of US property catastrophe reinsurance capacity, and paid nearly 30 percent of the insured losses from 2005 Hurricanes Katrina, Rita and Wilma. more…