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International

ILS sector boosts Bermuda insurance industry

July 22, 2016 Reprints

A recent survey by the Bermuda Business Development Authority has found that employment in the insurance-linked securities sector in the country increased 30% in 2015 from 2014, reported Artemis.bm.

The study found that more than 400 jobs were generated in the Bermuda ILS and reinsurance convergence industry last year. Bermudian-based ILS funds had a total economic impact of $734 million on the island.

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ILS sector boosts Bermuda insurance industry

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