How the BMA supervises Bermuda’s growing long-term life sector
The growth of the life re/insurance sector in Bermuda has been fuelled by the robust yet pragmatic regulatory environment created by the Bermuda Monetary Authority. Here, a spokesperson outlines its approach and future plans.
How COVID-19 and cat events shaped the 1/1 renewals
COVID-19 and cat events in 2020 led to a divergence in the way reinsurers approached the 1/1 renewals, as Peter Gadeke, executive vice president at Willis Re Bermuda, explained to Bermuda:Re+ILS.
Rethinking ILS collateral
Increasing interest from dedicated ESG investors is encouraging some deal structurers to think of new and creative ways to make ILS even more appealing, Peter Dunlop of Walkers tells Bermuda:Re+ILS.
How Nayms is set to transform the cryptocurrency insurance space
As insurtech startup Nayms gears up to graduate from Bermuda’s regulatory sandbox, Bermuda:Re+ILS explores how far the company has come, its future plans and how the sandbox has helped it get to this point.
How ILS is adapting to COVID-19, ESG and competition from London
Ross Webber of Apex Group talks to Bermuda:Re+ILS about the ILS market, including how it has responded to the pandemic and how it is adapting amid growing interest in ESG investing.
Conduit Re: now is a great time to be a Bermudian startup
Conduit Re is notable among recent re/insurance startups for being the only one to have announced its arrival with a large scale IPO. Bermuda:Re+ILS spoke to its senior management duo to find out why investors were so enthusiastic.
New reinsurance licence signals Canopius Re’s Bermuda ambitions
Canopius Re’s new class four reinsurance licence allows it to expand the scope and ambition of its Bermuda operation, from one that primarily supported other entities in the Canopius Group to one that will underwrite risk for third parties. Bermuda:Re+ILS reports.
Robust, reliable, resilient - amid change
Bermuda’s reinsurance industry has endured many challenges over the years, but its unique mixture of talent, capacity, innovation and world-class regulation has ensured its adaptability in the midst of change. It has remained the go-to hub for large and complex risks globally and a hotbed for innovation for risk transfer solutions. This virtual roundtable, held just before the renewals season and sponsored by the Bermuda Business Development Agency, drills down into the main challenges and opportunities that lie ahead for the Island’s reinsurers.
ILS comes of age: BDA roundtable part two
Bermuda’s reinsurance industry has endured many challenges over the years, but its unique mixture of talent, capacity, innovation and world-class regulation has ensured its adaptability in the midst of change. It has remained the go-to hub for large and complex risks globally and a hotbed for innovation for risk transfer solutions. This virtual roundtable, held just before the renewals season and sponsored by the Bermuda Business Development Agency, drills down into the main challenges and opportunities that lie ahead for the Island’s reinsurers.
Geared for growth: Bermuda’s regulatory framework
Bermuda’s regulatory framework has evolved to support ILS growth and innovation potential. This will be invaluable in helping the Island adapt to life after COVID-19, whatever that looks like, say Sarah Demerling, head of market intelligence, and Anna Pereira, head of overseas market and promotion, at ILS Bermuda.
