Bermuda reinsurers boost US health market share with record premiums - AM Best

Health stop-loss and high-cost claim volatility are pushing retention and reinsurance demand. Bermuda vehicles, including group captives and affiliated reinsurers, saw strong cessions (e.g., CVS Caremark Indemnity). Actuarial implications include severity-tail modeling and LAS correlations. For corporates, captives can aggregate benefits risk and access reinsurance at scale. Watch regulatory scrutiny on affiliated transactions. Source: Insurance Business #Actomate #Bermuda #MarketDynamics #RiskManagement #CaptiveStrategy