California wildfires drive major losses for Bermuda reinsurers
1 April 2025   Fitch-rated Bermuda reinsurers will see combined ratios rise by ~4 points in 2025.


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Reinsurance capacity for casualty reinsurers is plentiful, despite adverse developments, says AM Best.
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A Gallagher report said the market has stabilised but threats are increasing.
Re/insurance
The risk of cyberattacks on insurers also escalated in 2024, Appleby partner and technology expert Duncan Card tells Bermuda:Re+ILS.
Re/insurance
The technology will benefit cyber attackers more than defenders in the short term.
Re/insurance
Under half of survey respondents said their companies are using AI now.
Re/insurance
Bermuda re/insurers said artificial intelligence will increase cyber threats.
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Reinsurance’s different structures can be valuable tools in protecting their clients from the risks posed by cyber threats and artificial intelligence, says lawyer Ian Guthoff.
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Reinsurance continues to dominate the market as captives and ILS vehicles also grow, a Bermuda Monetary Authority report reveals.
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More News

26 March 2025   Joseph V. Taranto will be succeeded by an independent board member.
26 March 2025   Chief financial officer steps up into the role.
25 March 2025   The promotions are part of its ‘academy firm’ approach to teach and develop careers.
25 March 2025   The deal is Fortitude Re’s second deal with Taiyo Life and its sixth in Japan.
24 March 2025   Bermuda-based MGA capitalises on rising demand for specialty liability products.
24 March 2025   The new platform, backed by $1bn in capital, will underwrite property cat and specialty lines.
20 March 2025   Bermuda:Re+ILS is seeking nominations for our Women in Hamilton feature.
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