Itasca Re’s secret sauce—made in Bermuda
New Bermuda reinsurer Itasca Re will offer insurance financing solutions to buyers and owners of commercial aircraft assets. It’s niche, but its work might just become a catalyst for a lucrative new(ish) asset class—if only others could steal its secret sauce. Bermuda:Re+ILS spoke with its CEO Kostya Zolotusky.
The rise, not fall, of digital assets
The implosion of the FTX exchange proves the value of insuring digital assets, says Joe Ziolkowski, chief executive officer and co-founder of Relm.
Developing a sustainability strategy: five key stakeholders to consider
By thinking through the needs of their key stakeholders, insurers can develop and execute a comprehensive ESG strategy, say Meredith Jones and Theodore Potgieter of EY.
Thinking inside the box: parametric risk and ILS
ILS Bermuda’s Convergence conference discussed parametric protection from four perspectives: buyer, seller, intermediary and public sector.
R-E-S-P-E-C-T (find out what it means to investors)
The organisers of a discussion about what makes investors commit to ILS chose a song by The Clash to make their point. It could just as easily have been Aretha Franklin’s anthem about respect to remind ILS managers not to take that commitment for granted.
Reduce, reuse, recycle: how to use capital efficiently
The spectre of trapped capital has heightened the desire for efficiency, according to a panel discussion during ILS Bermuda’s Convergence conference.
A sense of urgency on ESG
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.
New era: insurers for decarbonisation
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.
Aviva calls insurers to action on climate change
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.
Joining the dots: how to link policy, projects and finance
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.
