Activity and interest in the life and annuity sector has been rising in Bermuda, with a number of factors on the supply and demand sides of the equation aligning to drive growth in the business. Damian Cooper of PwC Bermuda outlines some of the factors driving this growth and explains why the Island has found itself at the heart of it.
As RenaissanceRe places its new ESG strategy at the heart of its operations, chief risk officer Ian Branagan tells Bermuda:Re+ILS how the strategy was created and why it matters now more than ever.
The BMA’s supportive regulatory environment was a key motive for setting up the company on Bermuda.
The Bermuda Monetary Authority’s regulation and supervision ‘now put the Island toe-to-toe with the best in the world.’
What was once a relatively small proportion of Bermuda’s re/insurance community has grown into a large and thriving life community. As the stature of this sector has increased, so has that of BILTIR, the association that represents it. Sylvia Oliveira, its chair, spoke to Bermuda:Re+ILS.
The growth of the life re/insurance sector in Bermuda has been fuelled by the robust yet pragmatic regulatory environment created by the Bermuda Monetary Authority. Here, a spokesperson outlines its approach and future plans.
COVID-19 and cat events in 2020 led to a divergence in the way reinsurers approached the 1/1 renewals, as Peter Gadeke, executive vice president at Willis Re Bermuda, explained to Bermuda:Re+ILS.
Increasing interest from dedicated ESG investors is encouraging some deal structurers to think of new and creative ways to make ILS even more appealing, Peter Dunlop of Walkers tells Bermuda:Re+ILS.
As insurtech startup Nayms gears up to graduate from Bermuda’s regulatory sandbox, Bermuda:Re+ILS explores how far the company has come, its future plans and how the sandbox has helped it get to this point.
Ross Webber of Apex Group talks to Bermuda:Re+ILS about the ILS market, including how it has responded to the pandemic and how it is adapting amid growing interest in ESG investing.