Cyber re: Growing Bermuda appetite, but QS renewals remain even-handed
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Cyber re: Growing Bermuda appetite, but QS renewals remain even-handed

bermuda skyline cyber ID jan 19 2023.png

Cyber reinsurance cedants had an easier quota share renewal than they might have been expecting in the New Year, amid increased appetite from Bermudians since the cyber market has improved the performance of its underlying business.

But with reinsurers keeping tight controls over their aggregate, despite the withdrawal of quota share demand from the market, it was a “mixed” and relatively even-handed renewal which left both sides seeing a win in the outcomes, sources said.

This...

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