11-10-2017 11:01 via insuranceinsider.com

Bermuda expects to pay 25% of HIM losses: ABIR

Bermudian (re)insurers expect to pay a quarter or more of the
approximately $100bn of losses from hurricanes Harvey, Irma and
Maria, according to the Association of Bermuda Insurers and
Reinsurers (ABIR).
The Bermuda share of hurricane losses will come from commercial
insurers and reinsurers; captive, or self-insurance companies;
catastrophe-focused MGAs, and alternative capital risk funds and
pools, the ABIR said.
Based on historical experience, regulatory stress tests, and
publicly announced p
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