Bermuda market elevated ILW, quota share, retrocession use in 2023 – Tech Cyber Internet
Based on new survey knowledge collected by the Bermuda Financial Authority (BMA), Bermuda-based insurance coverage and reinsurance corporations made elevated use of industry-loss warranties (ILW’s), quota share preparations and retrocession in 2023.The Bermuda monetary market regulator every year publishes its stress check outcomes and an evaluation of disaster danger publicity within the native insurance coverage … Read more