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.
The Bermuda Stock Exchange has launched an environmental, social and governance initiative that aims to enable sustainable and responsible growth for its member companies and the wider community. Greg Wojciechowski caught up with Bermuda:Re+ILS to explain what this means for the exchange and the ILS markets.
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.
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.
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.