BERMUDA MARKET UPDATE

A 2023 Roundup of Bermuda Insurance Market Trends and What to Expect in 2024

October 24, 2023 3:15pm

Jan Haylett
Senior Vice President, Bermuda and Global Markets Claims
Allied World Assurance Company, Ltd

Michelle Bailey
Senior Vice President/Underwriter
AXA XL

Duan Leverock
Vice President
Aon Bermuda Ltd.

  • Intro to Bermuda marketplace
    • Product availability
    • Who buys in Bermuda?
    • Why Bermuda
  • 2023 market challenges:
    • Areas/industries/policies of increased concern
    • Severe claims and impact of social inflation
  • 2024 outlook:
    • How are Bermuda market players underwriting risk?
    • Appetite: Attachment levels, pricing, coverage, and overall availability of capacity