Insurance & Risk

Bermuda is a cornerstone of global reinsurance, delivering the scale, capital strength, and technical expertise that underpin resilience worldwide. More than 1,100 reinsurers operate here, writing hundreds of billions in annual gross premiums across property, casualty, speciality, and emerging risk sectors.

Bermuda-based reinsurers have consistently shouldered a decisive share of the world’s largest insured losses — from Atlantic hurricanes to California wildfires — underscoring the jurisdiction’s essential role in global recovery. This proven track record demonstrates the industry’s ability to provide stability in the face of natural disasters, geopolitical shifts, and evolving risk landscapes.

Supported by the Association of Bermuda Insurers and Reinsurers (ABIR), and with advanced modelling, disciplined regulation, and a collaborative ecosystem, Bermuda offers clients both consistency and responsiveness.

Bermuda is internationally recognised as a hub for speciality insurance, providing depth and expertise across high-demand sectors including cyber, healthcare, marine, energy, and financial lines. Global companies choose this jurisdiction for its unique combination of underwriting talent, a responsive regulatory environment, and the ability to deliver products that address complex, evolving risks.

The Bermuda Monetary Authority’s (Authority or BMA) practical, risk-based regime ensures clarity, giving firms confidence to innovate while maintaining strong consumer protection. With direct access to global markets and an established network of experienced service providers, Bermuda insurers consistently deliver speed to market, effective risk management, and trusted coverage solutions.

As the birthplace of the captive model, Bermuda remains one of the world’s leading captive domiciles, home to more than 600 captives writing tens of billions in premiums annually. These vehicles provide cost-efficient and flexible structures that support organisations across healthcare, financial services, employee benefits, and private equity.

Bermuda’s advantage lies in the integration of captive structures with the island’s broader reinsurance market, enabling multinationals to access capacity and expertise not available in many other jurisdictions. Companies benefit from regulatory oversight tailored to support both innovation and accountability, ensuring solutions remain practical and sustainable.

With industry coordination through the Bermuda Captive Network (BCN), Bermuda-based captives represent a proven, strategic tool for managing volatility, protecting balance sheets, and supporting long-term strategies.

The life and annuity sector in Bermuda continues to expand, managing over $1 trillion in assets under a clear, risk-based regulatory framework. This foundation supports long-term stability, policyholder protection, and capital efficiency.

Products range from pension risk transfers and structured reinsurance to tailored solutions for high-net-worth clients. Leading global insurers select Bermuda as a trusted jurisdiction to execute long-term risk strategies with clarity and confidence. The Bermuda International Long Term Insurers and Reinsurers (BILTIR) association plays a central role in sector advocacy, education, and growth, reinforcing industry standards and expertise.

Bermuda strikes a balance between scale and forward-looking oversight to ensure its continued leadership in the fast-growing life and annuity market worldwide.

Bermuda is the global leader in Insurance-Linked Securities (ILS) and alternative risk transfer, with over 90% of worldwide ILS issuances listed on the Bermuda Stock Exchange. The jurisdiction provides unmatched expertise in structuring catastrophe bonds, collateralised reinsurance, and parametric solutions that connect insurance risk with capital markets.

This convergence of risk and capital delivers diversified, uncorrelated returns for investors while supporting global insurers with efficient access to capacity. Bermuda’s regulatory framework balances innovation with oversight, offering clear pathways for sustainable risk transfer strategies.

Backed by deep actuarial expertise and a proven record of innovation, Bermuda remains the preferred jurisdiction for developing resilient solutions.