Insurance business written by class of insurance — Premiums ceded in Bermuda
Bermuda: Insurance business written by class of insurance — Premiums ceded was 380.42 Euro in 2024. ▼ Falling
Latest (2024)
380.42 Euro
Change on year
down 14.8%
World rank
12th
of 40 countries
All-time high
782.69 Euro
in 2020
All-time low
97.37 Euro
in 2022
Years of data
6
2019–2024
Insurance business written by class of insurance — Premiums ceded in Bermuda, 2019–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — premiums ceded in Bermuda stood at 380.42 Euro.
The figure is down 14.8% on the previous year and down 47.3% over ten years.
Bermuda ranks 12th of 40 countries on this measure, in the middle of the range.
Insurance business written by class of insurance — Premiums ceded in Bermuda, year by year
| Year | Euro | Change |
|---|---|---|
| 2019 | 722.42 Euro | — |
| 2020 | 782.69 Euro | +8.3% |
| 2021 | 586.74 Euro | -25.0% |
| 2022 | 97.37 Euro | -83.4% |
| 2023 | 446.63 Euro | +358.7% |
| 2024 | 380.42 Euro | -14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 722.42 Euro | 722.42 Euro | 722.42 Euro | 1 |
| 2020s | 458.77 Euro | 97.37 Euro | 782.69 Euro | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Manufacturing, value added (constant LCU), per capita 427.72 constant LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.049 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 13.18 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 6,965 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.049 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 13.18 % change on previous year (2024)
- Manufacturing, value added (current US$), per capita 441.32 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0031 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Bermuda?
- Insurance business written by class of insurance — premiums ceded in Bermuda was 380.42 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Bermuda?
- The highest recorded value was 782.69 Euro in 2020.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Bermuda?
- The lowest recorded value was 97.37 Euro in 2022.
- How does Bermuda rank for insurance business written by class of insurance — premiums ceded?
- Bermuda ranks 12th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Bermuda?
- Over the last ten years it is down 47.3%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Premiums ceded. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.