Reinsurers must accept that the age of post-loss payback is over and focus on doing a better job for their clients—that sums up the sentiment of some of Bermuda’s top reinsurance executives as they move into another renewals negotiation characterised by paltry rate increases. Bermuda:Re+ILS reports.
Bermuda’s life reinsurance sector has been steadily growing and gaining influence for many years. Here, in the first of a two-part series, Gokul Sudarsana from Deloitte interviews Sylvia Oliveira, Scott Selkirk and Manfred Maske about the key drivers of growth in this sector.
Amid all the hype around artificial intelligence, Paul Eaton of Aon’s Analytics team explains the reality of its potential impact on insurance—and where pigeons come into the equation
Bermuda’s reinsurance market is adjusting to US tax reform and several other factors including competition from other jurisdictions and Brexit, says Sridhar Manyem of AM Best.
The Monte Carlo Rendez-Vous represents a great litmus test for many things, including the health of the ILS sector. The outlook for ILS is very positive—and this is good news for Bermuda, a wide range of industry experts told Bermuda:Re+ILS at the event.
Bermuda has dominated the ILS space globally for several years, and that will not change if Greg Wojciechowski, chief executive of the Bermuda Stock Exchange, has anything to do with it. He explains to Bermuda:Re+ILS how important the ILS market is to it.
Eleven seasoned executives debated the industry’s response to the 2017 cat losses and how the relationship between ILS and traditional reinsurers continues to mature and evolve, at the annual Bermuda:Re+ILS roundtable in association with Markel Reinsurance held at the Monte Carlo Rendez-Vous de Septembre.
It has been a big year for Sirius Group as it plans an IPO and has ambitious growth plans. While the company’s future takes shape, Allan Waters, chief executive officer of the Group, talks to Bermuda:Re+ILS about the positive changes the industry should be celebrating.
The reinsurance market is continuing to evolve—and Hamilton Re is keeping pace, as CEO Kathleen Reardon tells Bermuda:Re+ILS.
Founded in 1993, PartnerRe has seen great change in the reinsurance landscape—and has itself evolved along the way. Now that the company is privately owned by Italian investment fund EXOR, CEO Emmanuel Clarke describes to Bermuda:Re+ILS the new journey PartnerRe has embarked on—and why this sets it apart from the pack.