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Bermudan insurers gain credibility with Lloyd's partnership: Official

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Association of Bermuda Insurers and Reinsurers president Bradley Kading said that partnering with Lloyd's of London has helped insurers in the country to "establish credibility and gain access to markets where barriers exist," The Royal Gazette reported.

"Lloyd's and ABIR are proud partners in commercial insurance and reinsurance markets," said Mr. Kading. Mr. Kading said that Lloyd's specialty market business generates business prospects for ABIR's members. ABIR members and other Bermudan insurers make up 24% of the Lloyd's total premium volume.

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