Bermuda’s Risk Transfer Hall of Fame
Bermuda:Re+ILS brings you the third instalment of its Bermuda’s Risk Transfer Hall of Fame—in every issue we profile five individuals who have contributed significantly to Bermuda’s journey as a global risk transfer hub.
Meeting the people
Ed Bermuda received regulatory approval to begin operating in Bermuda in June 2019. As the team builds, Bermuda:Re+ILS finds out a little more about the executives who want to make Ed Bermuda the best broker on the Island.
The drivers of M&A in 2020
The re/insurance sector remains ripe for further consolidation, driven by a search for economies of scale at one end of the spectrum and the desire to innovate and embrace technology at the other, James Ferris of PwC tells Bermuda:Re+ILS.
Bermuda: a future market leader in cyber?
The Bermuda:Re+ILS 2020 market sentiment survey asked readers to share their opinions about the prospects for the cyber market in Bermuda and globally. The responses revealed some interesting trends.
M&A: readers share their thoughts
Bermuda:Re+ILS’s 2020 market sentiment survey has revealed some interesting observations about the state of Bermuda’s M&A market in 2019 and ahead into 2020.
Coping with the coronacrisis
The COVID-19 pandemic represents an unprecedented challenge for Bermuda and its re/insurance community. But as the virus struck the Island, re/insurers were quick to adapt and were able to keep business operating largely as usual, Bermuda:Re+ILS finds.
Why the development of a secondary market will transform ILS
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Bermuda:Re+ILS reports.
New life for IGI
In March IGI finalised its business combination agreement with Tiberius Acquisition Corp in a deal that saw IGI become a publicly traded company, listed on Nasdaq, with Bermuda its new domicile. Waleed Jabsheh, IGI’s president, explains its rationale to Bermuda:Re+ILS.
Challenges and opportunities for Bermuda
The Bermuda Insurance Regulatory Sandbox and other initiatives are helping to nurture some significant insurtech developments on the Island. Bermuda:Re+ILS explores what needs to happen next to ensure the sector’s success—and what it means for traditional players.
Greater than the sum of their parts
In October 2019, Artex Risk Solutions acquired Horseshoe Group in a deal that created the world’s largest ILS service provider. Paul Eaton of Horseshoe, the go-forward brand name for the combined ILS business, speaks to Bermuda:Re+ILS about what this means for clients and the future of the business.
