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ARTICLE · 06 DECEMBER 2021

A Growing Hub For The Life Sector

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Bermuda has become a flourishing focal point for long-term insurance and reinsurance, offering the Island's economy an increasingly lucrative pillar.

BermudaInsurance
Brad Adderley
Brad Adderley
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Bermuda has become a flourishing focal point for long-term insurance and reinsurance, offering the Island's economy an increasingly lucrative pillar. Brad Adderley, partner at law firm Appleby, explains what it means for Bermuda.

Standing on the cusp of what is likely to be a fraught 2022 renewals season, the re/insurance world's focus is squarely centred on the direction of the property/casualty markets and property-catastrophe business in particular.

The sector has grabbed all the headlines in a year where the market suffered from myriad natural catastrophe losses and the fallout from the COVID-19 pandemic, closely followed by the impact on insurance-linked securities (ILS).

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