Bermudians anticipate $13bn+ gross Hurricane Ian losses: BMA
Bermudian (re)insurers expect to book gross losses of more than $13bn for the US impact of Hurricane Ian, according to research.
The Bermuda Monetary Authority (BMA) has collated claims data from 69 commercial carriers responding to a November survey.
Estimates for the total industry loss from Hurricane Ian range between $50bn and $75bn, and the BMA said Bermudian carriers could incur...
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business