CEOs to discuss ‘putting capital to work’

Four of Bermuda’s leading re/insurance company chief executive officers will come together to discuss the state of the sector at the Bermuda Risk Summit this month.

The CEOs are speaking on the topic of “Putting Capital to Work”, which follows a highly profitable year 2023 which contrasted with several years when the sector struggled to offer good returns to investors.

The panel entitled, “Putting Capital to Work: A View From the Top” will be moderated by John Huff, CEO of the Association of Bermuda Insurers and Reinsurers and features panellists Peter Bell, CEO and managing director, Everest Reinsurance Bermuda, Mark Cloutier, executive chair and group CEO, Aspen, Kathleen Reardon, CEO, Hiscox Re + ILS, and Paul Simons, CEO, Convex Re.

Cloutier said: “The summit comes at a time of strong performance from the Bermudian reinsurance sector which makes it the perfect time to reflect on what we are doing well as an industry, as well as how we can seek to improve.

“One of the most unique aspects of Bermuda’s risk market is how you can gather the most influential players, from government, to the regulator and the private sector all in the same room to collectively think about where the risk and insurance industry needs to go next.”

“It is a pleasure to once again be moderating a panel at the Bermuda Risk Summit, of which ABIR has been a headline sponsor since its inception three years ago,” Huff added. “I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market.

“It also speaks to Bermuda’s significance that we continue to attract such regulatory heavy hitters, including the president of the National Association of Insurance Commissioners, four NAIC commissioners, as well as Steven Seitz, Director of the Federal Insurance Office, all travelling to participate in the summit.”

Other panels taking place at the Bermuda Risk Summit, being held at the Hamilton Princess & Beach Club from March 13-15 include Market View: Global Regulators, Lloyd’s – Bermuda: A Shared Perspective, Legacy Redefined, and ‘Securing Tomorrow: Developments in Cyber Risk Strategy.

A full agenda is available online. Potential delegates are encouraged to register before the end of our price discount period on March 6.