It’s been a busy year for the reinsurance industry on Bermuda. Bermuda:Re+ILS surveyed readers to find out what caught people’s attention the most over the course of the year.
After a tough couple of years what might lie ahead for the reinsurance market in 2019? Bermuda:Re+ILS reveals the results of its latest reader survey.
Bermuda will “keep on keepin’ on” and doing what it is doing when it comes to insurance-linked securities (ILS), says Greg Wojciechowski, chief executive officer of the Bermuda Stock Exchange. Here he looks back at 2018 and forward to 2019 as the jurisdiction continues to work hard to develop and keep its solid platform.
The insurance industry is changing quickly, and technology is the primary catalyst transforming the sector, a report by PwC on insurtech trends has concluded. Bermuda:Re+ILS examines some of the main findings of the report.
As consolidation continues to reshape the landscape for re/insurers, Alan Bossin of Appleby Bermuda gives Bermuda:Re+ILS his take on what is driving this activity, where pricing is, what the risks are and how a jewel can be found in even the most ostensibly weak target.
Thirty-six percent of reinsurer respondents to an AM Best survey view their current innovation strategies as a key component of overall objectives, and more than half prefer to work with others. Sridhar Manyem and Victoria Ohorodnyk of AM Best discuss these findings and others.
The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS Convergence 2018, held in Bermuda in early October.
David Brown of EY gives his thoughts to Bermuda:Re+ILS on the latest state of mergers and acquisitions activity in the market.
Multi-cat bonds or other ILS solutions are the only viable solution for coping with natural disasters in the Eastern European and Commonwealth of Independent States region, and Bermuda could have a big role to play in making this happen, says Kirill Savrassov, chief executive of Bermuda-based Phoenix CRetro Reinsurance.
Bermuda’s life reinsurance sector has been steadily growing and gaining influence for many years. In the second of a two-part series, Gokul Sudarsana from Deloitte interviews Sylvia Oliveira, Scott Selkirk and Manfred Maske about the regulatory landscape and how it helps shape the opportunities for Bermuda’s life reinsurers.