ACE Ltd. is the strongest Bermuda-based insurance company, according to data released by the Association of Bermuda Insurers and Reinsurers (ABIR).

The data notes that the 22 insurers and reinsurers based in Bermuda wrote nearly $62 billion in global gross written premium on a capital and surplus base of $90 billion in 2010.

The companies reported a combined net income of $11.4 billion.

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