UN report highlights significant cost of weather-related disasters

A study conducted by the United Nation’s (UN) highlights the significant cost that weather-related disasters cause across the globe, and with the expectation of more […]

More ILS capacity to enter market than exit post-event: Industry leaders

As the use of ILS capacity has grown within the overall insurance and reinsurance market, the industry has voiced concerns about how investors will react […]

America’s Cup Endeavour Youth Program benefit from Jimmy Spithill keynote at Convergence 2015

Keynote speaker Jimmy Spithill, skipper and helmsman for Oracle Team USA, regaled the Bermuda Convergence 2015 audience with tales from the world of America’s Cup sailing. Proceeds from the sponsorship […]

Q3 2015 Bermuda ILS Market Report

Des Potter

Des joined Guy Carpenter in December 2011 as Managing Director and Head of *GC Securities for the Europe, Middle East and Africa (EMEA) region. He was appointed Chief Executive of *MMC Securities […]

Occasionally Bermuda does lead the world

For an Island so small, it is remarkable that Bermuda produces anything that could be labelled “best in the world”. Yet, occasionally, we can genuinely […]

ILS Market Update 2015

ILS Market Review 2014 and Outlook 2015

1st View, Market Reshaping a Reality

Q2 2015 Bermuda ILS Market Report

Q1 2015 Bermuda ILS Market Report

WCMA ILS Quarterly Q3 2015

WCMA ILS Quarterly Q2 2015

WCMA ILS Quarterly Q1 2015

Insurance-Linked Securities, Alternative Markets Adapt to Competitive Landscape

Insurance-Linked Securities, Second Quarter 2015 Update

Insurance-Linked Securities, First Quarter 2015 Update

Dog Days of Summer: PCS, Q3 2015 Catastrophe Bond Report

Q3 2015 Report – A market making steady progress

Q1 2015 Report – The biggest first-quarter ever

Q2 2015 Report – Keeping up with demand

Matthew Charleson

Bio to Follow…

Jessel Mendes

Jessel is a partner in the Bahamas, Bermuda, British Virgin Islands and Cayman Islands (BBC) Sub-Area of Ernst & Young’s Financial Services Office.  Jessel has over 18 years of experience in the investment fund industry […]

Michael Bennett

Michael Bennett is the Head of Derivatives and Structured Finance at the World Bank. During his sixteen years at the World Bank, he has worked in both Washington, DC and Paris. His team […]

Robert Eastham

Robert Eastham was born and educated in the United Kingdom. He is a graduate of the University of Wales and is an Associate Chartered Accountant of England and Wales. Robert […]

Michael Hamer

Michael Hamer is a Partner and Senior Analyst at Albourne Partners. Based in Bermuda, he follows esoteric strategies and in particular insurance-linked funds since 2005.  He also works with Albourne insurance company clients […]

George Leite

George joined Aon Insurance Managers in Bermuda in June, 2014 and currently serves as Executive Vice President and Business Development Leader.  Prior to joining Aon, George was Principal and Practice Leader of […]

Helen Goonewardene

Helen Goonewardene is a Relationship Manager for Captive and Insurance Banking at HSBC Bermuda. Helen serves as the acting team lead for the Captive and Insurance banking team, with oversight […]

Chris Garrod

Chris Garrod is a Director in the Corporate department of Conyers Dill & Pearman. He joined Conyers in 1997 and is a member of the Firm’s insurance practice. Chris specialises in advising […]

Paschal Brooks

Paschal Brooks is a Portfolio Manager with AlphaCat Managers Ltd., a subsidiary of Validus Holdings, Ltd. which seeks investment opportunities in the insurance linked securities and reinsurance markets. Prior to joining AlphaCat in […]

Ali Al-Ali

Ali is a Managing Director and the co-head of the Insurance Structured Finance business within the Financing Group at Goldman Sachs.  He focuses on origination, structuring and execution of securitizations and other structured […]

ILS Bermuda announces 2nd panel – Converging Capital Structures

Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of the Bermuda Convergence 2015 today announced the second panel session that will be held at this year’s event as ‘Converging capital structures […]

Philipp Kusche

Philipp Kusche, Director, joined Swiss Re Capital Markets in New York in 2006. He has been instrumental in the issuance of over USD 8 billion in insurance-linked securities transactions for reinsurers, insurers, hedge […]

Matthew Ball

Relevant Experience/Specialisation Matthew Ball is a Director of Towers Watson and leads the firm’s ILS consulting practice and its Bermuda office. Matthew joined Towers Watson’s London office in 1997 before taking his […]

David Third

Background: David is a senior consultant with the General Insurance practice in New York.  He has nine years of property and casualty experience, previously working for a major global specialty insurer and reinsurer in both […]

Michael Millette

Michael is the Managing Partner of Hudson Structured Capital Management, an investment management firm focusing on re/insurance and transport assets. Michael was a Partner & Managing Director of Goldman Sachs for 2006 […]

ILS Bermuda Welcome Reception

Tom Johansmeyer

Tom Johansmeyer, assistant vice president, runs the new reinsurance services unit of ISO and has oversight of the Verisk Insurance Solutions –Claims and Crime Analytics marketing department. Launched in early 2015, the group […]

Pierre Wiart

Pierre Wiart is a world-round reinsurance professional with more than 15 years of experience in managing catastrophe risk portfolios notably in Bermuda for White Mountains Re (Sirius Bermuda) and for Atropos ILS […]

Phil Kane

Phil Kane is the UK Working Capital Advisor in Deutsche Bank’s Global Transaction Banking division focused on financing solutions and technological innovations (“fintech”) in the insurance sector.  In the ILS space, he currently […]

Paul Schultz

Paul Schultz serves as CEO of Aon Securities and leads Aon Benfield’s investment banking team, responsible for providing investment banking products and services to Aon’s clients on a global basis.  Paul specializes in […]

Jose Miranda

José Miranda is an analyst for Tokio Millennium Re AG, Bermuda Branch. He is responsible for pricing and analyzing property catastrophe reinsurance, as well as developing efficient technologies and workflows for use […]

Neil McConachie

Working closely with Richard Brindle, Neil was instrumental in the set up and success of Fidelis Insurance. Between 2006 and 2012, his roles at the company included Chief Financial Officer, Chief Risk Officer, Chief Operating […]

Dr. Mark Guishard

Dr. Mark Guishard leads the Risk Prediction Initiative (RPI2.0) at the Bermuda Institute of Ocean Sciences. RPI2.0 is a non-profit organization which conducts academic natural catastrophe research with relevance to the risk transfer […]

Dr. John Seo

Dr. John Seo is Co-Founder and a Managing Principal at Fermat Capital Management,LLC, with US$5 billion in assets under management (31 December 2014) in catastrophe bonds, otherwise known as insurance-linked securities (ILS). […]

Greg Hagood

Mr. Hagood is a Co-Founder of Nephila Capital Ltd. and is a Managing Principal at its affiliate, Nephila Advisors LLC. As Co-Founder of Nephila Capital, Mr. Hagood was involved in all aspects of the […]

Edwin Jordan

Ed Jordan is Head of Bermuda and Head of the Capital Solutions Unit for Tokio Millennium Re AG.  Ed joined Tokio Millennium Re (TMR) in 2002. Prior to accepting his current […]

Dr. Tim Hall

Dr. Tim Hall is a senior scientist at NASA’s Goddard Institute for Space Studies in New York City. He studies extreme weather and climate, focusing on the modeling of hurricane and winter […]

Dr. Robert Muir-Wood

Robert Muir-Wood works to enhance approaches to natural catastrophe modeling, identify models for new areas of risk, and explore expanded applications for catastrophe modeling. Recently, he has been focusing on identifying the potential […]

Dr. Richard Sandor

Richard L. Sandor (Ph.D., Dr.sc.h.c) is Chairman and CEO of Environmental Financial Products, which specializes in inventing, designing and developing new financial markets. He is the Aaron Director Lecturer in Law and […]

Donald Mango

Don Mango is Vice Chairman of Enterprise Analytics for Guy Carpenter & Company,LLC, the global risk and reinsurance specialist unit of Marsh & McLennan Companies.  As a member of Guy […]

Robert DeRose

Robert DeRose joined the A.M. Best Company as a senior financial analyst in the property/casualty ratings department in 1996. In his current capacity, he manages a team of financial analysts responsible for the […]

Anthony Rettino

Anthony A. Rettino, Jr. is a Founding Principal and Portfolio Manager at Elementum Advisors, LLC and also serves as Director and CEO of Elementum (Bermuda) Ltd. Tony has managed a variety of reinsurance […]

Andre Perez

Current Responsibilities Andre is the founder of Horseshoe Group. He is in charge of the Group’s operations as well as responsible for the development of the insurance management and consulting […]

“The Next $60 Billion” – ILS Convergence announces first panel session

Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of the Bermuda Convergence 2015 today announced the first panel session that will be held at this year’s event as ‘Deploying and Sourcing […]

Bermuda overtakes Cayman as predominant domicile for ILS vehicles

Bermuda has overtaken the Cayman Islands as the main domicile for insurance-linked securities (ILS) vehicles, according to the latest Willis Capital Markets & Advisory (WCMA) […]

Attracting ILS & cat bonds will be challenging for London: Report

A report published by global accounting firm Grant Thornton in partnership with UK Trade & Investment (UKTI) concludes that London and the UK will find […]

London faces ‘hurdles’ to win ILS business

Bermuda is in a strong position to hold on to its insurance-linked securities business — despite attempts by the City of London to muscle in […]

David Gibbons

David is the managing director in charge of the Captive Insurance and ILS Assurance Group with over 17 years experience. He has responsibility for the management and delivery of the […]

Sean Moran

As Business Development Manager at the BDA, Sean is responsible for our Asset Management and Trust & Private Client sectors. He works with industry focus groups to create strategies to […]

Richard Lowther

Richard Lowther joined Hiscox in 2014 as Chief Operating Officer, Insurance-Linked Securities Based in Bermuda, he is responsible for developing the Hiscox ILS investment management platform and related operational processes. […]

Paschal Brooks

Paschal Brooks is a Portfolio Manager with AlphaCat Managers Ltd., a subsidiary of Validus Holdings, Ltd. which seeks investment opportunities in the insurance linked securities and reinsurance markets. Prior to […]

Jereme Ramsay

Jereme is Business Development Manager (Risk Solutions) for the Bermuda Business Development Agency (BDA). He oversees reinsurance, insurance, captives, and insurance-linked securities (ILS) sectors, working closely with industry focus groups […]

Craig Redcliffe

Craig Redcliffe is a partner in EY’s Assurance practice of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands (BBC) region of our Financial Services Office. Craig has over 15 […]

Adrian Jones

Adrian Jones is head of corporate strategy at RenaissanceRe Holdings Ltd., having joined in 2010. He focuses on the long-term development of the risk-transfer industry, identifying growth opportunities, and executing […]

Adam Alvarez

Adam is Director of Alvarez & Associates, a consultancy that works with insurance linked funds and their investors. Alvarez & Associates also owns InsuranceLinked.com, ‘The online resource for insurance linked […]

Susan Lane

Bio to follow

Anna Pereira

Anna Pereira has over 20 years’ experience working in the Insurance, Reinsurance, Alternative Risk Transfer and Capital markets in Bermuda. Anna is currently an independent consultant. Most recently, she was Head of Captive and […]

Greg Wojciechowski

Greg Wojciechowski is President and Chief Executive Officer of the Bermuda Stock Exchange (BSX). He is also the Chairman of the Financial Intelligence Agency in Bermuda. Prior to joining the […]

Brad Adderley

Brad Adderley is a partner in the Corporate and Commercial department of Appleby’s Bermuda office and has been a member of the Insurance team for over 17 years. He has […]

Kathleen Faries

Kathleen Faries is Chief Executive Officer of Tokio Solution Management Ltd., a wholly owned subsidiary of Tokio Millennium Re Ltd. Kathleen has over 25 years experience in the insurance and […]

Jason Carne

Jason Carne is Member of the Advisory Board of Hudson Structured Capital Management Limited and acts as a Non-Executive Director on a number of Boards of both Life and non-Life reinsurance Companies in Bermuda.  Jason […]

Cory Anger

Cory is the Global Head of ILS Origination and Structuring at GC Securities, leads the origination and structuring efforts of the capital markets team and has experience working on 46 […]

Reinsurance M&A ‘mega deals’ an opportunity for ILS

Increased merger and acquisition (M&A) activity, deal value and deal size during the first-half of 2015, highlights a return of the ‘mega deal’, but what […]

Asia-Pacific needs ‘responsive’ disaster risk transfer instruments: ABAC

The Asia-Pacific region is in need of greater access to disaster insurance and risk transfer instruments which can be responsive to actual catastrophe or weather […]

Tokio Millennium Re launches Capital Solutions unit; increases ILS focus

Tokio Millennium Re, the global reinsurance operations of Tokio Marine & Nichido Fire Insurance Co., Ltd., is increasing its focus on ILS business and advancing […]

ILS Bermuda announces Keynote Speaker for Convergence 2015

Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of the Bermuda Convergence 2015 today announced the event’s keynote speaker will be Jimmy Spithill, helmsman for America’s Cup Oracle Team USA. The […]

James Spithill

Introduced by Rebecca Roberts, SVP Underwriting – US Cat at RenaissanceRe.  A two-time winner of the America’s Cup, in 2013 Jimmy Spithill (AUS) led his team to what has been […]

Bermuda captured 87% of ILS and cat bonds in 2014

According to data released by ILS Bermuda Ltd., the steering committee of the forthcoming Bermuda Convergence 2015 event, the island captured a huge 87% of […]

ILS Bermuda announces details of Convergence 2015

Hamilton, Bermuda – Bermuda Convergence 2015 will be held November 11–13, at Pier 6 in Hamilton, Bermuda. The newly expanded steering committee of ILS Bermuda Ltd. has been busy planning […]

Bermuda Stock Exchange cat bond & ILS listings near $17.5 billion

Following an impressive 2014 the Bermuda Stock Exchange (BSX) has passed yet another milestone, revealing that a significant $17.462 billion catastrophe bonds, ILS, sidecars and […]

UK should be “at the cutting edge” of ILS: Economic Secretary, Baldwin

The UK continues to make it clear that ILS is firmly on the governmental agenda as Economic Secretary to the HM Treasury Harriett Baldwin said […]

Solvency II likely to be “major development” for ILS market: EIOPA

The introduction of the impending Solvency II insurance and reinsurance regulatory environment is likely to be a “major development” for the insurance-linked securities (ILS) market, […]

Bermuda Builds On ILS Success

Tim Faries, Bermuda Group Head, Corporate and Group Team Leader, Insurance, at Appleby, discusses the importance of Bermuda’s insurance-linked securities (ILS) market to the Island’s […]

35th America’s Cup Keynote

Bermuda: Reinsurance Market Capital in Focus

Bermuda: Reinsurance Market Capital in Focus Bermuda is an island the size of Manhattan. As anyone who has ever tried to buy real estate in a big city like Manhattan […]

Panel: ‘The Next $60 Billion’

Hospitality / Networking Breakfast

World Rugby Classic Social

Cocktails

Panel: “Converging Capital Structures”

Bermuda Shorts: ‘Understanding Risk’

Lunch

Networking & Scheduled Meetings

Bermuda Shorts:
‘Securitising Risk’

Bermuda Shorts:
‘Valuing Risk’

Bermuda Shorts:
‘Sourcing Risk’

Welcome & Introductions

Breakfast

Welcome

M & A- the long view

Last week’s announcement that Endurance will be buying Montpelier was the fifth significant reinsurance deal in as many months. Assured Research, an insurance focused research firm, has analysed the data from the last 15 years […]

Insurance Linked Securities Market Update

Q4 2014 Catastrophe Bond & ILS Market Report

Catastrophe Bond Update: Fourth Quarter 2014

Insurance-Linked Securities – Fourth Quarter 2014 Update

Cat bond pricing stabilises for now

Data from recent deals indicates that catastrophe bond prices have stabilised over the last 12 months. Has the market finally reached the bottom or is it just pausing for […]

Third-party & ILS capital to more than double to $150B by 2020: Millette

As the pace of change in the reinsurance market accelerates, there is an expectation that the amount of capital seeking direct access to insurance and […]

ILS Bermuda Announces Date for Bermuda Convergence 2015

Hamilton, Bermuda – Bermuda Convergence 2015 will be held November 11-13, in Hamilton, Bermuda ILS Bermuda Ltd. announced today. Last November, the Bermuda Convergence 2014 event was hailed a major […]

Q4 2014 Bermuda ILS Market Report

Bermuda stretches ILS market lead

Bermuda is streaking ahead in the global ILS market, with the Island issuing $7.7 billion of during 2014. By comparison Cayman Islands saw only $0.7 […]

ILS Bermuda Convergence 2014

Images from our 2014 event hosted at PIER 6 on Front St. This invitation-only event is distinctively different from other industry events, providing a unique platform for networking.

Bermuda fund generates 19.7% in first full year

Reinsurance veteran Don Kramer’s latest Bermuda start-up venture has got off to a flying start. In its first full year of operations, ILS Capital Management […]

As asset class correlations rise, attraction to ILS & cat bonds increases

Managers of large multi-asset class investment funds are showing signs of concern that correlation levels between asset classes may break down, with their portfolio adjustments […]

A turbulent year

Insurers are anticipating that 2014 will be the most expensive year for the aviation market since 2001 and global air travel is likely to double again […]

Appleby picks up award for ARC work

Law firm Appleby has been recognised at a UK awards ceremony for its work involving a progressive transaction to provide African Union member countries with […]

Bermuda to fight for title of ILS domicile of choice

Hamilton, Bermuda: January 28, 2015 – Bermuda has been the domicile of choice for 57% of Insurance Linked Securities (ILS) during 2014, and the island is committed to retaining its […]