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ARTICLE · 27 FEBRUARY 2025

Bermuda: An Introduction To Dispute Resolution 2025

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Bermuda retains its prominence as a market leader for insurance and reinsurance. Over 50 new insurance/reinsurance entities were registered with the Bermuda Monetary Authority during 2024.

BermudaLitigation, Mediation & Arbitration

The stable, competitive regulatory and legal regime in Bermuda continues to ensure its place as a hub for international economic activity. The island also makes effective use of close transport networks, including to London (seven-hour flight), New York and Washington (two-hour flight).

The Dispute Resolution Landscape

The economy

Bermuda retains its prominence as a market leader for insurance and reinsurance. Over 50 new insurance/reinsurance entities were registered with the Bermuda Monetary Authority during 2024. Moreover, the Bermuda Business Development Agency has confirmed that, as of 2024, some USD1.6 trillion in total assets are held by 1,100 (re)insurers, writing gross premiums of approximately USD286 billion.

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