Bermuda Insurance Q1 2020
We expect the Bermudian insurance market to grow steadily over the medium-term, with both the life and non-lifesectors recovering from the decline in premium growth seen in previous years. Bermuda will continue to be a centre for globaloffshore financial services, which will support growth across both segments. The adoption of new technology and the trend towardsfintech solutions will also help to cement the country’s status as an offshore hub. However, a slowing US economy and thecontinued confusion surrounding the UK’s exit from the EU present downside risks to the market.
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