Bermuda P-C Firms Move Into Life ReBermuda Correspondent
Within the past year, many of Bermudas largest property-casualty carriers have decided to expand into life reinsurance. Why? Most cite diversification, the volatility of p-c earnings, the greater stability of life reinsurance business, economies of scale, and the demographics of aging populations.
In addition, Bermudas life reinsurance sector has also been boosted by the arrival of new capital dedicated solely to that market, as well as the introduction of tax-efficient hedge fund investments wrapped in life reinsurance.
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