Bermudians take $21bn in cat losses over 2017-21: S&P
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Bermudians take $21bn in cat losses over 2017-21: S&P

Liz Bury
31 August 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Sailboat in the Hamilton, Bermuda, harbor.

Bermudian (re)insurers took $21bn in natural catastrophe losses and $3bn in Covid claims in the 2017-21 five-year period, S&P analysis showed.

The losses sparked rate increases over the past few years that are likely to continue through the 2023 reinsurance renewals, it added.

Bermudians’

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsRe/insurersBermuda
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article