Global Shield against Climate Risks: a solution fit for COP27
The V20 and G7 have agreed on a global financial protection cooperation against climate risks. The InsuResilience Secretariat explains to Bermuda:Re+ILS how this initiative, “Global Shield against Climate Risks”, heralds progress in climate adaptation and resilience.
High IQ: leading Bermuda’s new reinsurers
IQUW launched in July last year with a clean balance sheet and a focus on a global portfolio, diversified by geography and segment. Stephen Young, CEO of IQUW Bermuda and head of IQUW’s global reinsurance business, outlines his strategy.
The UN’s collaboration with insurers in this ‘decade of action’
Butch Bacani leads the UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the insurance industry. For readers of Bermuda:Re+ILS, he articulates the PSI’s ‘master narrative’.
Shining a light from Bermuda on climate risk finance
David Hart, chief executive officer of the Bermuda Business Development Agency, explains the enhanced role Bermuda can play in tackling the challenges of climate change.
Life sector draws on Bermuda’s unique qualities
The Island may be a drop in the ocean to global life re/insurers, but the established talent, diverse expertise and a responsive regulator make this jurisdiction uniquely attractive to those who take a long-term view.
Bermuda knows the ‘E’ in ESG is climate
After Hurricane Andrew 30 years ago, Bermuda went on to became the world’s risk capital. Could 2022’s Hurricane Ian herald the Island’s future as the leader in climate risk? Bermuda:Re+ILS reports.
Resilience and adaptation: preparing for COP27
The focus of the upcoming climate negotiations will be ‘loss and damage’ which the Insurance Development Forum says underscores the importance of resilience and adaptation. Bermuda:Re+ILS reports.
Best in class: the new chair of BILTIR
BILTIR has elected Natasha Scotland Courcy, senior vice president, chief operating officer and general counsel at Athene Re, as its new chair.
A different type of CEO
BF&M has a proud legacy as one of Bermuda’s biggest insurance companies, having started its business there as long ago as 1903. With a change of CEO for the first time in 17 years, it is writing a very modern new chapter. Bermuda:Re+ILS reports.
Racial equity needs all of us
Black Bermudians have the biggest share of the Island’s demographics but the smallest representation in the international business sector. To address that disparity, the Association for Corporate Racial Equity invites a collaborative effort on advocacy, education and community. Bermuda:Re+ILS reports.