Legacy market may be able to solve trapped collateral problem: Peter Dunlop

Bermuda’s burgeoning legacy insurance sector could be the place where a problem for another rapidly growing pillar of the Bermuda insurance segment is solved.

Lawyer Peter Dunlop of Walkers tells Bermuda:Re+ILS for Voices of Bermuda that the legacy market is the natural place to find a solution to the problem of trapped collateral.

“I would love to see a ready baked solution every time a deal is actually placed,” he said. “You can securitise those as well and I think the legacy market has to step up and solve that as an issue as well. It’s an issue you can isolate and sell into the legacy market.”

To watch the full interview for free, click here.