Bermudians paid $73bn to EU customers over 20 years: BMA

Bermudian (re)insurers have paid out nearly $73bn in claims to EU
clients and cedants over the past 20 years, according to the
Bermuda Monetary Authority (BMA).
Of the $72.9bn paid out to EU policyholders, around half -
$36.8bn - was paid to UK customers.
The commercial market claims data was collated by the BMA's
first EU data claims survey, which was completed in July this
year.
Between 1997 and 2006 claim payments to the EU totalled around
$16.5bn, of which...