With the new EU rules on the way, organisations need to consider their attitudes towards privacy—and quickly, to minimise the risks to balance sheet and reputation, as Chris Eaton of KPMG in Bermuda explains.
As the re/insurance industry braces itself for a period of rapid change and diversification, Bermuda:Re+ILS asked a number of senior executives within the industry for their views on how the sector will cope with what is ahead, how it must adapt and the risks of failing to do so. What follows is a snapshot of responses
In July 2016, staff at Freisenbruch-Meyer Group found out what it’s like to be next to a disaster, when the building next to theirs went up in a fire that threatened to spread.
Increasing interest is being shown in the Latin American market by re/insurers, including some Bermuda players. So why is the area so attractive? Bermuda:Re+ILS investigates.
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital. Bermuda:Re+ILS talks to CEO Bill O’Farrell about why he expects fast growth in this sector.
Trustees are a vital component of reinsurance, and choosing the right one can be the difference between a smooth experience or a sticky one, as Robert Quinn of Wilmington Trust explains to Bermuda:Re+ILS.
From captives to sidecars, Bermuda has long been at the forefront of innovation. Now, it is well positioned again to lead from the front and become a global innovator in fintech and regtech, says Grant Gibbons, Bermuda’s Economic Development Minister.
As we approach the end of the year, Bermuda:Re+ILS asked senior re/insurance executives in Bermuda to review the most significant industry events of 2016 and offer their predictions for what 2017 will hold for the Bermuda market.
Until Hurricane Matthew, the 2016 North Atlantic hurricane season had been fairly quiet—as it has in recent years. Was this just the quiet before the storm—or the sign of a bigger picture? Bermuda:Re+ILS reports.
There is a lot of excitement about the future of self-driving technology and autonomous vehicles. Aon explains the likely implications for the insurance sector, including a reduction in personal motor premiums.