The use of insurance-linked securities (ILS), catastrophe bonds and collateralized reinsurance has transformed the reinsurance market and conquered the property catastrophe space, according to S&P, […]
There are a number of new domiciles and jurisdictions for locating and housing insurance-linked securities (ILS) transactions coming into view, but they will all have […]
Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2018, today announced that Dr. John Seo, will be the event’s industry keynote speaker featuring a talk titled “ILS, $80B to $300B, how do we get there?” The broader measure of the ILS market is roughly $80B currently, Dr. John […]READ MORE
There’s potential for the expanding insurance-linked securities (ILS) market to play a meaningful role outside of the natural catastrophe space, however, on long-term business, someone […]
Now in its sixth year, this networking event for the alternative reinsurance, convergence and insurance-linked securities marketplace is supported by the most respected organisations in the ILS sector. A two-day event that attracts investors and industry participants to Bermuda, the leading jurisdiction for ILS.
Convergence 2018 is recognised as the leading industry event for the ILS sector, hosted in Hamilton, Bermuda – the leading jurisdiction for the ILS market. Register to attend today.
Do you have a view on the ILS market, a business idea, recent research or an informed viewpoint you’d like to share as a Bermuda Shorts speaker? Submit your topic here
An unparalleled opportunity for exposure across global insurance, reinsurance, investment companies, regulators and professional service partners. Request further information here.
The recent flooding in Japan caused by extreme levels of rainfall could result in an insurance and reinsurance industry loss as high as $4 billion, according to catastrophe risk modeller AIR Worldwide [...]
The creeping insurance and reinsurance industry-wide loss from last year’s hurricane Irma continues to impact the industry, with new loss creep estimates emerging from segments of the market that were [...]
The insurance and perhaps reinsurance market loss from the recent Genoa, Italy Morandi motorway bridge collapse has been estimated at as much as EUR 600 million (US $685m) by analysts, with business i [...]
The Florida Hurricane Catastrophe Fund (FHCF) successfully renewed its $1 billion reinsurance program at June 1st 2018, with significant insurance-linked securities (ILS) fund and collateralized reins [...]
The way the insurance-linked securities market has bounced back from the hurricane losses of 2017 to achieve further growth into 2018 amid strong catastrophe bond issuance, is evidence of the continue [...]
The use of insurance-linked securities (ILS), catastrophe bonds and collateralized reinsurance has transformed the reinsurance market and conquered the property catastrophe space, according to S&P, […]READ MORE
There are a number of new domiciles and jurisdictions for locating and housing insurance-linked securities (ILS) transactions coming into view, but they will all have […]READ MORE
There’s potential for the expanding insurance-linked securities (ILS) market to play a meaningful role outside of the natural catastrophe space, however, on long-term business, someone […]READ MORE
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the […]READ MORE
The intervention will focus on why investing in the World Bank Cat Bonds should be seen as not only an investment opportunity, but also a Responsible Investment (RI). The basic argument is that World Bank initiatives (and its mission) carry a strong intrinsic social and sustainable significance. Our cat bonds and swaps allow our client countries to protect the people and communities’ basic social-economic infrastructure from natural events, and this is particularly relevant in the emerging markets, given the disproportional effect of catastrophes to their economies.
Additionally, The World Bank, with its global access and multi-themed focus, is helping to stimulate the discussion on sustainability and resilience, making it possible for investors to support innovations and projects that integrate environmental, social and governance elements so dear to the RI community.
We analyse methods and techniques being developed in the collateralised reinsurance marketplace to produce Fair Values of P&C liabilities, and compare these based on how well they fit observed market prices. We explore the differences between arbitrage-free and market-consistent methods and identify the advantages and disadvantages of the different methods.
Expanding the ILS pie can result from growth of mature risks and from adding or expanding the investible risks. While there is a lot more to it, getting the structures right can make or break any expansion. This talk will look at some of the related dangers and the opportunities.
An investigation of the benefits of passively constructing a cat bond portfolio to replicate the performance of the market, with low tracking error and minimal costs.
Unlike traditional ILS risks such as natural catastrophe, cyber risk involves an active adversary and an evolving threat landscape with nonobvious risk accumulations.
To understand the individual risks in a portfolio, models must account for the behavioral elements of intentional and accidental threat actors, measuring the relative strength of companies’ cyber defenses against the strength of the opposition they face.
To understand portfolio tail risk and evaluate ILS terms and triggers, a model must also provide a clear picture of the paths of aggregation linking the underlying risks, the potential economic impact of disaster scenarios, and the likelihood of those events occurring.
Bermuda's Premier, regulator and leaders of Bermuda's global business sector highlighted the breadth, advantages and significant economic impact of the island's financial market during an awareness-raising cross-industry forum held in London late last year by the Bermuda Business Development Agency (BDA).
The day-long BDA Executive Forum on November 28 attracted close to 250 delegates encompassing a wide range of industries, and due to its success, BDA is planning similar events in New York and London this year. Featuring top regulatory and industry representatives in discussion panels, the forum's agenda covered hot-button topics, while emphasising the many elements that differentiate Bermuda-from the island's world-respected regulator and access to capital, to its deep pool of industry expertise.