Alternative reinsurance capital continues to innovate and is an important part of matching capital with risk, and its drive to get closer to the original […]
Strong investor inflows in 2017 and 2018 helped the insurance-linked securities (ILS) fund market more than compensate for its losses, driving continued growth in the […]
ILS Bermuda is pleased to announce the appointment of Kathleen Faries as chair of the ILS Bermuda Committee, having served as Deputy Chair since 2015. As part of the corporate governance structure with senior leadership rotation of ILS Bermuda, Kathleen succeeds Greg Wojciechowski after his four years as Chair. […]READ MORE
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.
Reinsurance firm and third-party capital manager RenaissanceRe grew its insurance-linked securities (ILS) assets under management (AuM) by $500 million in 2018, with much of the increase coming from i [...]
Typhoon Jebi, a storm that made landfall in Japan on September 4th 2018, has become an outlier for loss creep in the country, with the insurance and reinsurance industry loss now said to have surpasse [...]
AXA XL purchased more catastrophe protection at the January 2019 renewals and also continued to increase its use of alternative reinsurance capital, which was evidenced by in-house ILS fund manager Ne [...]
It’s always refreshing to hear that the original premise for the capital markets entry into reinsurance holds true, even for the very largest reinsurers in the world. Speaking this morning, Swiss Re C [...]
Orchid Underwriters Agency, LLC, a property catastrophe focused managing general agency (MGA), has hired Joe Zuk, previously of Atlas General Holdings, to the new role of Managing Director of Corporat [...]
Alternative reinsurance capital continues to innovate and is an important part of matching capital with risk, and its drive to get closer to the original […]READ MORE
Strong investor inflows in 2017 and 2018 helped the insurance-linked securities (ILS) fund market more than compensate for its losses, driving continued growth in the […]READ MORE
Longer-term investors in insurance-linked securities (ILS) and reinsurance linked assets are expected to remain committed to the sector despite the impact of losses over the […]READ MORE
A cyclical downturn in the amount of alternative capacity deployed into reinsurance markets through insurance-linked securities (ILS) would benefit traditional reinsurers like Swiss Re, 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.