Long-term insurers resilient under severe stress, BMA finds

Long-term insurers resilient under severe stress, BMA finds

Bermuda’s long-term insurance sector remains strongly capitalised and highly resilient, even under a simulated global financial crisis, according to the Bermuda Monetary Authority’s latest market anal...

Bermuda’s commercial long-term insurance sector GWP hit $200bn in 2024: BMA

Bermuda’s commercial long-term insurance sector continued to grow in 2024, with gross written premiums (GWP) increasing 17.8% year-on-year to reach US$200.1 billion, with total assets increasing by 19.1%, according to the latest figures from the Bermuda Monetary Authority (BMA). The ‘Bermuda Long-term Insurance Market Analysis and Stress Testing Report’ attributes this growth to heightening demand from direct insurers and institutions seeking re…