Taking on the vision and legacy of an industry legend in the form of Brian Duperreault might seem daunting to some, but after 25 years with Munich Re Pina Albo has what it takes to fulfil the original vision of Hamilton Insurance Group and lead the way in writing the future of risk, as she tells Bermuda:Re+ILS.
Bermuda’s government is making a determined push to attract companies involved in the new and developing area of cryptocurrencies—and there are many reasons the risk transfer industry should watch this space carefully. Bermuda:Re+ILS reports.
The cyber insurance market is growing steadily but is awaiting a real growth spurt, say AM Best’s Fred Eslami and Bobby Skrabal.
Hiscox recently announced it had expanded into the ILW market with a new cyber product—the first to respond specifically to cyber losses. The company explains how it developed the new product and how innovation and ILWs may be natural bedfellows.
A battle is emerging between ILS platforms and traditional reinsurers for the best talent, as a survey by IPS Search reveals.
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains.
As the Bermuda market absorbs the impact of the first round of quarterly results, an exclusive survey of Bermuda:Re+ILS readers has revealed that the latest round of renewals left the market somewhat flat.
Bermuda’s re/insurers have led from the front when it comes to understanding and underwriting cyberre/insurance. Three of the Island’s biggest players in the sector discuss with Bermuda:Re+ILS the opportunities—and pitfalls—of operating in this space.
Cyber represents a growth business for Hiscox Re & ILS and it is forming partnerships and investing to ensure it stays ahead of the game in this rewarding but challenging area of risk, says Damien Smith, head of specialty, Hiscox Re & ILS.
The majority of economic losses from cyber breaches are not covered by currently available insurance products—this creates a challenge for insurers to create new products, says Jim Riley, vice president, specialty underwriter at RenaissanceRe.