Models: what really matters
William Dubinsky, managing director & head of ILS at Willis Towers Watson Securities, takes a look at model clarity and other issues facing the ILS market.
Talent comes to the fore
Bermuda’s position as a world-class domicile is partly based on its deep talent pool—both homegrown and developed and attracted from overseas—but it must never get complacent about the importance of talent, Charles Cooper of AXA XL tells Bermuda:Re+ILS.
How to attract the stars of the future
The expertise of the Bermuda workforce has always been one of the jurisdiction’s biggest strengths. Bermuda:Re+ILS asked a number of local executives for their views on whether the Island—and the wider reinsurance industry—remains attractive to the best people.
Slip-ups on the road ahead
The latest Reinsurance Banana Skins survey by the Centre for the Study of Financial Innovation and PwC has shown that worries over technology and cyber risk are at the top of the 2019 list of concerns for reinsurers. Bermuda:Re+ILS examines the full findings of the report.
At the forefront of innovation
Bermuda’s flexible and innovative approach has ensured it remains at the forefront of risk transfer globally—but more could be done to educate its wider stakeholders about the good work it does, as Charles Cooper of AXA XL explains to Bermuda:Re+ILS.
Welcome to LPI— your new classmate
Bermuda is the market-leading jurisdiction for ILS but it must stay abreast of development and changes in the market—prompting its regulator to explore some regulatory adjustments, as Peter Dunlop and Shannon Dyer from Walkers Bermuda explain.
Leading the world in ILS
Bermuda is known as the world’s risk capital for good reason, and it remains the dominant force in ILS globally, says Greg Wojciechowski, president and chief executive officer of the Bermuda Stock Exchange.
Uncertainty is opportunity
While the Bermuda economy continues to face challenges, it must also grasp the opportunities presented and leverage them amid the uncertainty, says Dennis Fagundo of the Bermuda Chamber of Commerce.
Capital charges on Fannie and Freddie deals
Since the first deals in 2013, the transfer of mortgage credit risk to the reinsurance market Freddie Mac’s Agency Credit Insurance Structure and Fannie Mae’s Credit Insurance Risk Transfer has grown rapidly. Wai Tang and David Mautone of AM Best report on recent developments.
Healthy and strong—but talent is essential
The captives sector in Bermuda remains healthy and strong but it must ensure it continues to attract quality people, Kathleen Bibbings of the Bermuda Insurance Management Association tells Bermuda Finance.
