BERMUDA MARKET UPDATE
A 2023 Roundup of Bermuda Insurance Market Trends and What to Expect in 2024
Senior Vice President, Bermuda and Global Markets Claims
Allied World Assurance Company, Ltd
Senior Vice President/Underwriter
Aon Bermuda Ltd.
- Intro to Bermuda marketplace
- Product availability
- Who buys in Bermuda?
- Why Bermuda
- 2023 market challenges:
- Areas/industries/policies of increased concern
- Severe claims and impact of social inflation
- 2024 outlook:
- How are Bermuda market players underwriting risk?
- Appetite: Attachment levels, pricing, coverage, and overall availability of capacity