The Bermudan insurance market: A wave of mergers-acquisitions expected in 2018

According to Fitch Ratings, the wave of mergers-acquisitions that has marked the Bermudan market since 2016 is likely to continue in 2018.

Under the pressure of natural catastrophe-related losses, insurers and reinsurers are now, more than ever, in urgent need to operate on a favorable market.

The rating agency also forecasts the multiplication of start-ups specialized in insurance such as Ascot Re, established in late November 2017 and Langhorne Re which saw the light of day in early 2018.