i-law

Insurance Day

Bermuda emerges intact from storms

TOTAL net income for the third quarter for the big 16 Bermuda companies was a substantial $3.3bn. Overall it was down 26% on the same period last year but only three companies RenaissanceRe, Quanta and PXRE reported losses and only five companies reported combined ratios higher than 100%. The average combined ratio was 95.6%, against 88.4% last year.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.