AM Best’s Christie Lee casts an eye over the after-effects of Typhoon Jebi, which gave re/insurers some unpleasant shocks.
Cyber remains tipped as the next big growth opportunity for the risk transfer industry—and Bermuda could play a key role in driving that forward. Bermuda:Re+ILS explores.
Technology is changing every aspect of the industry—and the speed of change is only increasing. Chris Bonard of Ed Broking takes a look at the technological revolution ahead.
Time and again, Bermuda has adapted to the market and proved itself able to meet complex challenges, says David Brown of EY Bermuda.
Bermuda’s path to becoming a global risk transfer hub has been a long and often winding one, buffeted by global economic forces but strengthened by the innovations of many pioneers. Bermuda:Re+ILS flicks through the history books.
Bermuda:Re+ILS brings you the first instalment of Bermuda’s Risk Transfer Hall of Fame. In every issue we will profile five individuals who have contributed significantly to Bermuda’s journey as a global risk transfer hub. Here is how the process works.
The market is moving in the right direction on rates but the landscape is becoming increasingly complex in various ways. Whatever the shape of the future, Bermuda remains well positioned as a global risk hub, said panellists at the annual Monte Carlo Bermuda:Re+ILS reinsurance roundtable sponsored by Markel Re.
PartnerRe’s strategy of sticking to what it knows best—pure reinsurance—has been paying off for the company, its president and chief executive officer Emmanuel Clarke tells Bermuda:Re+ILS.
Bermuda continues to be the go-to domicile for new risk carriers but possibly the most significant launch of the year has been Stephen Catlin’s Convex. Catlin explains to Bermuda:RE+ILS why he chose Bermuda and why quality people are keen to join the business.
It has been a long and sometimes winding history but Bermuda remains at the centre of the transformation of the insurance and reinsurance market, says Kathleen Faries, chair of ILS Bermuda.