Bermudian re/insurers to absorb $13bn of Ian losses: BMA
Results of the Bermuda Monetary Authority's survey 'demonstrate Bermuda’s steadfast role in supplying risk capacity to the US and other catastrophe-exposed parts of the world', chief executive, Craig Swan, says
Companies on the island may incur as much as 25% of industry losses tied to Hurricane Ian, which are expected to range from $50bn to $75bn