Learning lessons from the past
There may not be as many as in some previous years, but the new class of Bermuda reinsurers is shaking up the startup model. An Intelligent Insurer panel discussed what they have to teach the industry.
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There may not be as many as in some previous years, but the new class of Bermuda reinsurers is shaking up the startup model. An Intelligent Insurer panel discussed what they have to teach the industry.
First Published in Bermuda Finance Magazine, December 2020 Bermuda remains the world leader in the ILS space. But as the sector grows and evolves, it must stay vigilant and continue to innovate to retain that position. Eight executives prominent in this space met virtually to debate these issues in a virtual roundtable. HOW WOULD YOU CHARACTERISE THE HEALTH OF BERMUDA'S ILS SECTOR? Craig Redcliffe: Bermuda has been a major player in insurance-linked securities (ILS) over the years and we see continued growth in the sector. It's important to EY and it's important for the jurisdiction. Greg Woj...
First Published in Bermuda Finance Magazine, December 2020 As the reinsurance industry grapples with the challenges of COVID-19, Bermuda is poised to play an important role as it adjusts and finds opportunities. A number of the Island's leaders in this sector sat down in a virtual roundtable. HOW HAS BERMUDA AND THE WIDER REINSURANCE INDUSTRY COPED WITH THE CHALLENGES OF COVID-19? Paul Simons: It has been very much business as usual, but also not business as usual. The industry and our colleagues have adapted to work from home really well. The technology worked, which is important because the...