November 2021
Contents
Developing a new economic pillar for Bermuda
Minister of Finance the Hon. Curtis Dickinson, JP, MP, explains where he sees innovation leading the Island next: towards climate risk finance.
Embracing its true destiny: QBE Re
QBE Re plans to become a real force in the market—with Bermuda being at the heart of that strategy, Tracey Gibbons, head of office, QBE Re, tells Bermuda:Re+ILS.
Interesting times ahead
SiriusPoint’s Sid Sankaran on the challenges of being a new CEO and the benefits of Bermuda.
Is the tide finally turning?
Conversations with clients and reinsurance carriers have sent a clear signal that at this 1.1 renewals season rate hikes are to be expected.
In the eye of the storm
The 2021 hurricane season is set to be one of the re/insurance industry’s costliest on record. Bermuda:Re+ILS reports.
AXA XL’s new online disaster recovery hub
The hub will provide data from major disaster case studies with visualisation tools to help the industry analyse how it can help communities recover from catastrophes.
Getting the most from insurtech: from strategy to execution
Technology is the key to unlocking potential and creating a truly digital, customer-focused insurance enterprise, says Liz Batten of PwC.
OECD agreement toward global minimum tax moving forward
The OECD has stated that from 2023 certain multinational enterprises will be subject to a minimum tax rate of 15 percent. George Hansen of AM Best explains.
Welcoming all voices
The insurance industry must continue to improve the systems, the networks and the culture needed to encourage a wider variety of people—such as himself, says Jerome Overbey of Ed Broking Re Bermuda.
Ransomware surge is changing the cyber insurance market
Cyber criminals have developed increasingly sophisticated methods of extorting businesses: Markel’s Jess Cardoso.
Bermuda—Life
A growing hub for the life sector
Bermuda has become a flourishing focal point for long-term insurance and reinsurance. Brad Adderley, partner at law firm Appleby, explains what it means for Bermuda.
The new centre of the life market
Four senior executives from the life re sector discussed the drivers behind the growth of the Bermuda market in a roundtable discussion.
BILTIR study illustrates scale of new economic pillar
Bermuda’s long-term re/insurers contribute $500 million to Bermuda’s economy and employ more than 600 people, according to a new report by BILTIR.
Bermuda—ILS
The benefits of ILS for diversification
ILS has been a strong diversifier for investors, especially as lower interest rates have dampened the ability of bonds to act as a hedge for equity portfolios: Schroders.
A bright future and new risks for ILS
Craig Redcliffe of EY Bermuda explains why Bermuda remains so attractive for ILS.
