The Insurance Industry in Bermuda, Key Trends and Opportunities to 2018 - New Market Research Report
Despite continued low investment yields and moderate economic growth in Europe and the US, Bermuda's insurance industry continued to thrive in 2013. Gross written premium increased at a rate of 7.4% from 2009 to 2013. The growth was primarily driven by low losses from catastrophes and proper reserve development in 2012. As a result, leading industry participants recorded a significant improvement in combined ratio, depicting strong underwriting performance which in turn supported their risk-adjusted capitalization.
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