ILS and the effects of the COVID-19 crisis
The impact of the COVID-19 virus on the global economy has been profound. Greg Wojciechowski of the Bermuda Stock Exchange and the ILS Bermuda Thought Leadership team share their thoughts about the impact it has had, and is likely to have going forward, on the ILS business.
Resilience and sustainability goals drive interest in ILS
Collaboration between insurance and capital markets will promote innovative solutions for today’s big challenges, including that of climate change, says Greg Wojciechowski of the Bermuda Stock Exchange.
A decade of deadly weather
2019 brought to an end a decade of costly events for the insurance industry, according to a new report by Aon. Bermuda:Re+ILS investigates.
Protecting the Belt & Road
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Bermuda:Re+ILS.
Buyers bemoan ILS need for models
While the ILS sector continues to grow and innovate, investors’ insistence on the use of tried and tested risk models, combined with a wariness of new risks, is holding the market’s development back, some cedants claim. Bermuda:Re+ILS investigates.
Cyber reinsurers need ILS, ILS needs cyber reinsurers
As reinsurers grapple with the opportunities and challenges presented by cyber risk, ILS could provide at least some of the solutions. Tom Johansmeyer, head of PCS, reviews the prospects that cyber opens up.
The lure of rated paper
A year ago, there were rumours that some ILS funds were mulling launching rated carriers. Now, a number are openly discussing how this would work with regulators and investors. Bermuda:Re+ILS examines the drivers behind what appears to be a potential game-changer for the ILS sector—and why Bermuda could take centre-stage.
Global reinsurance: fighting the last war
Robert DeRose and Scott Mangan of AM Best look at what reinsurers need to concentrate on—and what they need to avoid—as they review recent events.
Training the future
In our September issue we examined the importance of recruitment and training for the risk transfer sector in Bermuda. Continuing that theme, Bermuda:Re+ILS now explores the strategies of two more companies in this sphere: Validus Re and AXIS Capital.
Substance abuse
The EU’s rules around economic substance could eventually benefit Bermuda, as companies home in on its robust infrastructure and depth of talent and expertise. Bermuda:Re+ILS reports.
