The capacity of the Bermuda insurance and reinsurance market grew to more than $75 billion by year-end 2007, a rating agency report said today

Oldwick, N.J.-based A.M. Best, reviewing 2007 key financial results for the Bermuda market and using total shareholders’ equity as a measure of capacity, noted that the total for the Bermuda market jumped more than 14 percent to $76 billion in 2007.

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