Bermuda Re/insurers Raised $7.7B Of Capital

“Fitch-monitored Bermuda companies raised approximately $7.7 billion of capital in 2020/2021, including common and preferred equity, various debt securities and drawdowns on credit facilities,” Fitch Ratings said. A statement from Fitch said, “The U.S. property/casualty [P/C] insurance and global reinsurance markets, including Bermuda [re]insurers, are positioned to benefit from recovering market conditions in 2021, with […]

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