The main rating agencies for the insurance and reinsurance sector all agree that the insurance-linked securities (ILS) market and alternative capital is set to grow […]
On October 3-4, more than 300 attendees from 13 different countries arrived at the Hamilton Princess for Bermuda Convergence 2018 – a networking event covering the alternative reinsurance, insurance-linked securities (ILS), and collateralised reinsurance landscape, now in its sixth year. Initial feedback from delegates and sponsors indicates Convergence 2018 was […]READ MORE
Analysis from the Bermuda Monetary Authority (BMA) shows that Bermuda’s position as the domicile of choice for the issuance of insurance-linked securities (ILS) transactions remains, […]
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.
International humanitarian movement the Red Cross is looking to the capital markets and the potential issuance of a parametric catastrophe bond to protect against volcanic risks, according to Adam Bor [...]
Insurance and reinsurance broker Aon aims to help corporates cover the intangible, with the launch of a new Non-Damage Business Interruption (NDBI) product that can utilise parametric indices, promisi [...]
Global reinsurance firm Swiss Re has newly identified an enormous $500 billion global property (catastrophe and non-catastrophe) and mortality risks protection gap, saying that this is an opportunity [...]
Both India and Jamaica have been having discussions on disaster risk financing and risk transfer solutions, including ILS, with the World Bank and other international organisations, as the two countri [...]
The London Market Group (LMG) said that it is encouraged to see the successful registration and launch of the first UK domiciled protected cell company (PCC) for collateralised reinsurance, as this is [...]
The main rating agencies for the insurance and reinsurance sector all agree that the insurance-linked securities (ILS) market and alternative capital is set to grow […]READ MORE
Analysis from the Bermuda Monetary Authority (BMA) shows that Bermuda’s position as the domicile of choice for the issuance of insurance-linked securities (ILS) transactions remains, […]READ MORE
Bermuda continues to stand as the rock of reinsurance, according to Kathleen Faries, Head of Bermuda for Tokio Millennium Re. Opening the ILS Convergence conference […]READ MORE
The insurance-linked securities (ILS) market and alternative reinsurance capital is forecast to take a greater share market of global reinsurance by 2020, suggesting continued expansion […]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.