Robust, reliable, resilient - amid change
Bermuda’s reinsurance industry has endured many challenges over the years, but its unique mixture of talent, capacity, innovation and world-class regulation has ensured its adaptability in the midst of change. It has remained the go-to hub for large and complex risks globally and a hotbed for innovation for risk transfer solutions. This virtual roundtable, held just before the renewals season and sponsored by the Bermuda Business Development Agency, drills down into the main challenges and opportunities that lie ahead for the Island’s reinsurers.
ILS comes of age: BDA roundtable part two
Bermuda’s reinsurance industry has endured many challenges over the years, but its unique mixture of talent, capacity, innovation and world-class regulation has ensured its adaptability in the midst of change. It has remained the go-to hub for large and complex risks globally and a hotbed for innovation for risk transfer solutions. This virtual roundtable, held just before the renewals season and sponsored by the Bermuda Business Development Agency, drills down into the main challenges and opportunities that lie ahead for the Island’s reinsurers.
Geared for growth: Bermuda’s regulatory framework
Bermuda’s regulatory framework has evolved to support ILS growth and innovation potential. This will be invaluable in helping the Island adapt to life after COVID-19, whatever that looks like, say Sarah Demerling, head of market intelligence, and Anna Pereira, head of overseas market and promotion, at ILS Bermuda.
Bermuda’s re/insurers show how to adapt and survive
COVID-19 has presented a monumental challenge to countries and businesses everywhere. Bermuda:Re+ILS spoke to the heads of five institutions representing Bermuda’s re/insurance community to find out how the industry has coped.
The ‘new advanced’: technology, pricing and other stories
There has been plenty of talk about a new normal emerging out of the current crisis, but this underplays the scale of the digital transformation that is currently under way, say Jonathan Prinn at BGC Partners and Chris Bonard at Ed Bermuda.
Reinvention and differentiation: five strategic priorities for reinsurers and insurers
While re/insurers of all types face challenges in the aftermath of COVID-19, there are certain strategic priorities that will apply to all, according to PwC’s latest report, as Arthur Wightman of PwC explains.
Alternatives: in search of alpha
There is an unwavering desire for alpha, for uncorrelated returns and for new ways of deploying capital. As markets and perspectives evolve, there are different ways to think about how capital can be used, says Ocorian’s Alison Dyer.
The need for digitisation
Digital innovation has become the norm in many industries around the world, but the COVID-19 pandemic has expedited the urgency to move to digital and, out of necessity, has pushed many companies into it much faster than expected, says Chris Maiato of EY.
COVID-19: what it means for mortgage reinsurance
The unprecedented nature of the COVID-19 pandemic and its economic impact make it very difficult for re/insurers to measure the risk in their mortgage portfolios, say AM Best’s Emmanuel Modu and Michelle Li.
Advancing efficiencies in a changing world
Despite high systemic market pressures, investors continue to be attracted by the features that have established ILS as a highly desirable asset class: its liquidity and low correlation to the broader financial markets, as Anna Pereira, head of overseas markets and promotion at ILS Bermuda, and director at MANA Consulting, explains.
