Opinion: A Bermudian evolution

What does it mean to be a Bermudian (re)insurer?
For decades now, Bermuda and P&C reinsurance have always
been mentioned in the same breath, bringing to mind a collective of
carriers with cat-focused books, growing and shrinking with the
ebbs and flows of the (re)insurance cycle.
But RenaissanceRe'slife reinsurance launch gives further evidence that the
Bermudian model is evolving.
Diversification - both in risk and in capital - is now the name
of the game on the island.
Several...