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Bermuda’s re/insurers are discovering a sense of urgency around ESG benchmarks and standards, driven partly by multiple proposed new regulations but also a sense of doing the right thing, says PwC. 29 November 2022
Life
Maryam Golnaraghi, director of climate change and environment at The Geneva Association, opened the organisation’s 2022 Climate Change & Environment Conference with an urgent message and gave Bermuda:Re+ILS an insight into her upcoming research papers. 29 November 2022
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In her keynote speech at The Geneva Association’s Climate Change & Environment Conference, Amanda Blanc, group CEO of Aviva, urged insurers to make a commitment to net zero. 29 November 2022
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Sarah Conway, head of WTW’s Ecosystem Resilience practice and former lead climate finance negotiator for the US delegation to the UN Framework Convention on Climate Change, spoke to Bermuda:Re+ILS about her role. 29 November 2022
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The V20 and G7 have agreed on a global financial protection cooperation against climate risks. The InsuResilience Secretariat explains to Bermuda:Re+ILS how this initiative, “Global Shield against Climate Risks”, heralds progress in climate adaptation and resilience. 29 November 2022
Re/insurance
IQUW launched in July last year with a clean balance sheet and a focus on a global portfolio, diversified by geography and segment. Stephen Young, CEO of IQUW Bermuda and head of IQUW’s global reinsurance business, outlines his strategy. 29 November 2022
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Butch Bacani leads the UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the insurance industry. For readers of Bermuda:Re+ILS, he articulates the PSI’s ‘master narrative’. 29 November 2022
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David Hart, chief executive officer of the Bermuda Business Development Agency, explains the enhanced role Bermuda can play in tackling the challenges of climate change. 29 November 2022
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The Island may be a drop in the ocean to global life re/insurers, but the established talent, diverse expertise and a responsive regulator make this jurisdiction uniquely attractive to those who take a long-term view. 21 November 2022
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After Hurricane Andrew 30 years ago, Bermuda went on to became the world’s risk capital. Could 2022’s Hurricane Ian herald the Island’s future as the leader in climate risk? Bermuda:Re+ILS reports. 8 November 2022
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