Ahead of the Bermuda Business Development Agency’s inaugural Climate Risk Summit, the agency’s CEO and chairman explain why the Island is the obvious domicile of choice for climate risk finance.
On his return from the RIMS conference in San Francisco, the Hon David Burt, Bermuda’s Premier, had the following message for the readers of Bermuda:Re+ILS.
Ariel Re’s rebirth coincided with the emergence of the so-called class of 2020, but the multiline specialty reinsurer tells Bermuda:Re+ILS it has a lineage that makes its prospects better than others’.
Just as we use ‘Google’ as a verb, a new tech provider on Bermuda wants re/insurers ‘to Inari’ their data. Bermuda:Re+ILS caught up with the Inari’s Alex Pike to see if whether this is wishful thinking or a realistic aim.
Russia’s invasion of Ukraine has changed the landscape when it comes to cyber threats. A panel of experts at the Bermuda Risk Summit examined the implications of this for the world of risk transfer.
In one of his final speeches before leaving the role, Pool Re CEO Julian Enoizi thanked Bermuda’s reinsurers for their support in taking terrorism risk and encouraged them to tackle systemic risks head on.
A hard market is the traditional trigger for new capacity and new startups on Bermuda, but that’s where the comparison ends for the latest reinsurers to disembark at Hamilton.
Rates have been hardening, but not across the board. Bermuda:Re+ILS explores the main themes of the renewals and what they mean for Bermuda.
Ransomware has become a grim reality for many companies around the globe as cyber criminals have developed increasingly sophisticated methods of extorting businesses, Markel’s Jess Cardoso tells Bermuda:Re+ILS.