Bermuda commercial [re]insurers incurred US$1.34 trillion in gross claims costs globally between 2016 and 2025, according to data drawn from Bermuda Monetary Authority [BMA] statutory filings and periodic claims surveys. A spokesperson said, “Bermuda commercial [re]insurers incurred US$1.34 trillion in gross claims costs to policyholders and cedants globally during the ten-year period from 2016 to …