Bermuda's insurance and reinsurance market is experiencing record levels of property capacity, a development that could shape the island's risk transfer landscape. The global insurance broker WTW has indicated that record property capacity is available, reflecting increased availability of capital for high-risk property insurance. As Bermuda is a preferred destination for property and casualty risks, the island stands to benefit from the increased capacity driven by the demand for coverage of properties and businesses in high-risk areas. Such capacity is expected to influence pricing and availability of coverages, with potential benefits for the local economy and consumers.