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.
In an industry that is stagnating, Bermuda’s re/insurers have been quick to embrace the potential growth in cyber risk—but they are also wary, as Bermuda:Re+ILS finds out.
The re/insurance industry has been worrying about cyber threats for some time. Despite the complexities, it seems that cyber is offering an opportunity for a section of the Bermuda industry. Bermuda:Re+ILS reports.
The UK’s vote to leave the EU came as a shock to many in Bermuda. Mark Allitt from KPMG delivers some reassurance about its likely consequences to Bermuda:Re+ILS.
In the October issue of Bermuda:Re+ILS, we recognised and celebrated the efforts of 25 executives within reinsurers who will play an important role in determining Bermuda’s future direction and success as a risk transfer hub. Here, we profile a selection of individuals from the ILS/funds industry and service providers who will play an equally important role.
In August 2016 there was massive flooding in part of the US state of Louisiana after a storm stalled in the skies above it. Was this just a one-off, or a harbinger of the future? Bermuda:Re+ILS investigates.
Brian Duperreault, chairman and chief executive officer of Hamilton, talks to Bermuda:Re+ILS about the thinking that drove the creation of Attune, its new joint venture.