Bermuda: Reinsurance

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.

The catastrophe bond market has officially broken records in H1 2026, with the highest number of deals settling in the first six months of any year.

The Bermuda Captive Conference brought together industry leaders to explore innovation in captive insurance structures, regulatory developments, and the evolving risk landscape.

A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto!

Bermuda has seen tremendous growth in the life reinsurance and insurance-linked securities markets in recent years.

It's been an exceptionally busy and record first half of the year for the catastrophe bond sector, with a number of first-time sponsors entering the market.

One way that the Bermuda Monetary Authority (BMA), as the island's financial regulator, addresses these uncertainties is by requiring insurers and reinsurers...

The special purpose insurer (SPI) vehicle, first introduced in 2008, has been well established as the ideal structure for cat-bond transactions. Focused on efficiency and trusting on the sophistication...

Bermuda's thriving insurance and reinsurance sector requires effective regulatory oversight if it is to continue to be a world leader.