BoE deputy governor to speak at BMA seminar

Andrew Bailey, the deputy governor of Bank of England, will give the luncheon address at the inaugural Bermuda Monetary Authority (BMA) seminar.

Bailey, who is also chief executive officer (CEO) of Prudential Regulation Authority, will be introduced by Stephen Catlin, CEO of Catlin Group.

The luncheon, which takes place on December 4, 2014, will be sponsored by the Association of Bermuda Insurers and Reinsurers (ABIR).

Bailey’s talk will follow an opening keynote address earlier in the programme by John Nelson, chairman of Lloyd’s of London.

Bailey will review changes in insurance regulation globally and how regulators should ensure such changes are appropriate and proportionate.

In addition to his talk at the lunch, he will appear on a panel alongside Brian Duperreault, CEO, Hamilton Insurance Group; Dennis Mahoney, director, Ironshore; Frank Majors, co-founder and principal, Nephila Capital; and Mike McGavick, CEO, XL Group. The panel will be moderated by Fiona Luck, a member of the BMA’s board of directors and former executive vice president, XL Group.

Welcoming remarks will be provided by The Hon. E. Bob Richards, JP, MP, deputy premier & Minister of Finance and Cox will provide closing remarks.

Jeremy Cox, BMA CEO, said: “We are fortunate to have an international regulator of Mr. Bailey’s stature to speak at the BMA seminar. It is a tribute to the BMA, as well as to the Bermuda marketplace, that we have been able to attract such a host of insurance luminaries to speak at this event.”