The ILS market is entering an exciting new chapter defined by innovation, new risks and geographical diversity, but also more transparency and corporate governance, Andre Perez of Horseshoe Group, the largest ILS services provider in the world, tells Bermuda:Re+ILS.
Ed Broking announced in June 2019 that it was setting up its first office on Bermuda. Bermuda:Re+ILS talks to the new office’s CEO Chris Bonard about why the broker chose Bermuda and what it hopes to achieve next.
Bermuda has long been a major re/insurance hub. Is it punching above its weight, or is its position in the world a logical outcome given its location, talent and regulatory regime? And what does it need to do to retain this position? Bermuda:Re+ILS reports.
New opportunities and challenges are on the horizon as the ILS sector looks to help manage everything from cyber risk to cryptocurrency and intangible assets, says Peter Dunlop at Walkers Bermuda.
As reinsurance and ILS have become more sophisticated, so have some of the collateral solutions they rely on. Robert Quinn of Wilmington Trust reflects on the evolution of these industries.
In a series of thoughts that will be of interest to many Bermuda re/insurers involved in ILS, Tom Johansmeyer of PCS, Verisk Insurance Solutions, considers five lessons the market will need to learn this summer.
The US market continues to dominate the global life reinsurance industry, according to Michael Adams and William Pargeans of AM Best.
The groundwork of winning cedant confidence and building track record are set to be as important as investment and innovation in capitalising on Bermuda’s life reinsurance potential, says Damian Cooper of PwC Bermuda.
The global insurance industry is facing a wave of transformative accounting changes which will affect many aspects of business reporting. Life reinsurers must act now to survive the storm, says Cordelia Davis at EY Bermuda.
Bermuda’s life reinsurance market continues to grow, according to the latest figures from some of the Island’s trade organisations. Bermuda:Re+ILS takes a closer look.