Cybersecurity is a generational exposure, according to Rick Welsh, CEO of Sciemus, but Bermuda has a chance to lead in dealing with it—and ILS could have a part to play.
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. Bermuda:Re+ILS reports.
Fomenting a reinsurance revolution isn’t easy. Everyone wants change, but what that means is as varied as the people calling for it. So, when there’s a sign of consensus, immediate action is always best, writes Tom Johansmeyer of PCS, Verisk Insurance Solutions.
In light of stiff competition—from new entrants such as London as well as the more established players—Bermuda has worked hard to maintain its position as the stock exchange of choice for ILS. Greg Wojciechowski of the Bermuda Stock Exchange explains how Bermuda’s support of the asset class is continuing to evolve.
A lot happened quickly in the first half of 2017 including record issuance, but should that define the market for the quarters and years yet to come? Tom Johansmeyer of Verisk Insurance Solutions investigates.
As the size of its economy grows, Russia is increasingly vulnerable to the devastating effects of a big catastrophe hitting the country. To manage these growing risks, the country’s governments and insurers should consider the many advantages of using insurance-linked securities, say Kirill Savrassov of Phoenix CRetro, Clive O’Connell of McCarthy Denning, and Rom Aviv of IBI ILS Partners.
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain.
For the third year running, BermudaRe+ILS present Women in Hamilton, a feature profiling some of the most successful and influential Bermuda-based female executives working in or servicing the risk transfer sector.
For the third year running, this publication profiles some of the most successful female executives working in risk transfer in Hamilton. BermudaRe+ILS has selected a handful of profiles of the entrants from 2016 and 2017 which are presented below.
From captives to sidecars, Bermuda has long been at the forefront of innovation. Now, it is well positioned again to lead from the front and become a global innovator in fintech and regtech, says Grant Gibbons, Bermuda’s Economic Development Minister.