Bermuda market’s 2020 aggregate adverse development first since 2003: Fitch
Bermuda (re)insurers recorded a deterioration in their aggregate combined ratio to 103.1 in 2020, which included 7.4 points of catastrophe losses, 6.8 points of pandemic losses and 0.5 points of adverse reserve development, according to Fitch Ratings.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below