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.
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.
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.
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.
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.
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.
A burgeoning life reinsurance market and the anticipated upward trajectory for ILS are two of the biggest potential growth areas for Bermuda, while cyber risk remains both an opportunity and a challenge. PwC’s Arthur Wightman and Andy Moore discussed with Bermuda:Re+ILS what might be influencing Bermuda as it heads into 2020.
Chris Bonard of Ed Broking Bermuda takes a look at Bermuda’s place in the financial world—and what it can do to cement that place still further.
Bermuda:Re+ILS brings you the second 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.
As AXA XL moves forward with a new operational structure, it is also eyeing opportunities to grow and make a wider difference. Charles Cooper discusses with Bermuda:Re+ILS the opportunities available to help close the protection gap and why life is better for XL Group with its new parent.