US and Bermuda regulators to discuss long term re/insurance
Bermuda and US regulators will discuss the opportunities and challenges of regulating long term reinsurance at Bemruda’s long term insurers’ annual conference next month.
Natasha Scotland-Courcy, the chair of Bermuda International Long Term Insurers and Reinsurers, will moderate the panel at Pier 6 in Hamilton on September 7.
She will be joined by Martin Maringi, deputy director insurance supervision of the Bermuda Monetary Authority, Andrew Mais, Commissioner of the Connecticut Insurance Department, and Gary Anderson, Commissioner of the Massachusetts Insurance Department.
The panel will discuss topics such as the global protection gap that exists in the availability of pension benefits, the influx of capital into the sector, and cross border reinsurance.
Biltir executive advisor Curtis Dickinson, will moderate a panel on “A New Landscape Where Asset Managers and Long Term Life Reinsurers Meet”.
Joining Dickinson will be Vishal Sheth, co-head global financial institutions group (FIG), Apollo Global Management; Philip Sherrill, chief strategy officer, Global Atlantic Financial Group; and Nat Barker, Head of fixed income portfolio, MassMutual.
The panel will examine key talking points including: the origins of the business; the reason long term insurance companies are looking to asset managers to assist in their asset management; the product types leveraging these new relationships; the role regulation plays in these business relationships; and the effect interest rates and inflation will have on the sector and its current trends.
A representative of longevity data analytics company Club Vita will moderate a “Post-Covid Mortality Trends” panel, which will feature Josh Stirling, founder of Insurance Collaboration to Save Lives, and Jordi Posthumus, VP longevity trading, Hannover Re.
“We are delighted with the expertise we’ve been able to put together for our 10th Annual Conference. Our guests can look forward to a day full of valuable insight and networking opportunities covering pertinent topics in our industry,” said BILTIR executive director Christine Patton.
Biltir represents 56 life re/insurers and 21 associate members in Bermuda that provide life and annuity products and employ more than 1000 people on the island.