Bermuda market increased ILW, quota share, retrocession use in 2023 – Go Health Pro
According to new survey data collected by the Bermuda Monetary Authority (BMA), Bermuda-based insurance and reinsurance companies made increased use of industry-loss warranties (ILW’s), quota share arrangements and retrocession in 2023.The Bermuda financial market regulator each year publishes its stress test results and an assessment of catastrophe risk exposure in the local insurance and reinsurance … Read more