NAIC gives Bermuda reciprocal jurisdiction status

Bermuda has been awarded reciprocal jurisdiction status by the United States’ National Association of Insurance Commissioners. As a result, Bermuda’s re/insurers will be eligible for […]

Catastrophe trend frightening, ILS a long-term stable market: Duperreault, AIG

In a wide-ranging discussion at the S&P Global Ratings 2019 Bermuda Reinsurance Conference yesterday American International Group (AIG) CEO Brian Duperreault explained that recent catastrophe […]

ILS Bermuda Education Initiative 2019

At the recent Bermuda Convergence 2019 event, 12 Bermuda College students and two professors were afforded complimentary attendance at the largest global gathering covering the alternative risk and Insurance-Linked Securities (ILS) […]

ILS Bermuda announces successful seventh year of Bermuda Convergence event

On October 9-11, more than 400 attendees from 15 different countries arrived at the Hamilton Princess & Beach Club for Bermuda Convergence 2019 – a networking event covering the alternative […]

BSX CEO elected to board of WFE

Bermuda’s representation on the board of the World Federation of Exchanges has been extended to a second-term. Greg Wojciechowski, president and chief executive officer of […]

The zebra has spots!

It has been a long and sometimes winding history but Bermuda remains at the centre of the transformation of the insurance and reinsurance market, says […]

Where ILS and ESG intersect

The Bermuda Stock Exchange has launched an environmental, social and governance initiative that aims to enable sustainable and responsible growth for its member companies and […]

Swiss pensions allocate more to ILS, increasingly a core alternative asset

Pension funds in Switzerland have continued to increase their allocations to insurance-linked securities (ILS) and reinsurance linked investments, with the ILS asset class becoming a […]

ILS issuance to “materially increase” in coming months: Jean-Louis Monnier, Swiss Re

Insurance-linked securities (ILS) and catastrophe bond issuance is likely to “materially increase” over the next nine months, according to Jean-Louis Monnier, Head of Retro & […]

Introduction of the new Collateralised Insurer class

Recent Scientific Advancements Show New Connections Between Climate Change and Hurricanes

With Hurricane Florence making landfall in the Carolinas, Super Typhoon Mangkhut headed for the Philippines, and Hurricanes Harvey, Irma and Maria fresh in our minds, many are asking […]

Cat bond & related ILS risk capital outstanding hits $40bn for first time

The outstanding market for catastrophe bonds and related insurance-linked securities (ILS) has grown significantly in 2019 so far, passing $40 billion for the first time […]

Climate risk data needs linking to insurance & risk-transfer process

Climate risk data should be linked to the insurance, reinsurance and risk transfer process through the use of technology and risk models, placing it and […]

ILS Bermuda Convergence 2018

Apex commits to ESG

Bermudian-based global financial services provider Apex Group Ltd has signified its commitment to become a leader in the ESG (environmental, social and governance) investment services space. Apex has announced the […]

Arch’s record $701m mortgage ILS puts it at “forefront of managing capital & risk”

The completion of Bermuda-based re/insurer Arch Capital Group Ltd.’s latest and largest mortgage insurance-linked securities (ILS) transaction seen to-date, a $701 million Bellemeade Re 2019-3 Ltd. shows […]

Bermuda ILS related re/insurer registrations rose slightly in H1 2019

Registrations for new insurance and reinsurance vehicles that are related to catastrophe bonds and other insurance-linked securities (ILS) use-cases have risen slightly in the first-half […]

ILS has beneficial impact on society & quality of life: John Seo, Fermat Capital Management

Underpinned by innovative catastrophe bond transactions and increased awareness and understanding of sustainable and ethical investing, the insurance-linked securities (ILS) space is more than just […]

Artemis Bermuda ILS Executive Roundtable 2019

Welcome to Artemis’ fourth ILS executive roundtable in Bermuda, in which our participants discussed a variety of opportunities and challenges that the reinsurance and insurance-linked securities […]

ILS Bermuda Announces Kevin O’Donnell As Industry Keynote Speaker For Convergence 2019

ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2019, today announced that Kevin O’Donnell, President and CEO of RenaissanceRe Holdings Ltd., will be the event’s industry keynote speaker on Thursday, October […]

ILS market at “exciting inflection point” – John Seo, Fermat Capital Management

Poised to reach new heights in the coming months on the back of bumper year’s of catastrophe bond issuance, the insurance-linked securities (ILS) market is […]

Business leaders welcome blacklist decision

Bermuda’s international business sector today applauded the decision by European Union to remove the island from its tax blacklist. The EU’s Economic and Financial Affairs […]

Bermuda Stock Exchange pushes ILS as ESG investment class

The Bermuda Stock Exchange (BSX), which houses the majority of the world’s outstanding catastrophe bond market as listings on its exchange, is pushing the insurance-linked […]

Bermuda Stock Exchange (BSX) has launched an Environmental, Social and Governance (ESG) initiative

Hamilton, Bermuda. May 9, 2019   – The Bermuda Stock Exchange (BSX) has launched an Environmental, Social and Governance (ESG) initiative that aims to empower sustainable and responsible growth for its member companies, […]

Alternative capital up, traditional down, as reinsurer profits shrink again

Alternative reinsurance capital’s continued growth through 2018, as well as the slight shrinking of traditional reinsurer capital have been confirmed in a report out today, […]

Red Cross making volcano cat bond progress

The Danish Red Cross and International Federation of Red Cross and Crescent Societies are making progress with their first ever catastrophe bond transaction, revealing a […]

CCRIF signs MOU on parametric Caribbean fisheries & aquaculture insurance

CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) has signed a Memorandum of Understanding (MOU) with the Caribbean Regional Fisheries Mechanism (CRFM) to finalise […]

Getting physical, Scenario analysis for assessing climate-related risks

Mortgage insurance-linked securities market primed for growth

The mortgage insurance-linked securities (ILS) or insurance-linked note market is primed for expansion, as more of the U.S. private mortgage insurers look to leverage the […]

Yesterday’s climate tail risk closer to today’s central scenario: Mark Carney

Insurance and reinsurance companies are on the “front line of managing the physical risks from climate change” and are now aware that “yesterday’s tail risk […]

US flood programme in $300m cat bond deal

The Bermuda reinsurance market is about to take more flood risk off the shoulders of US taxpayers. The US Federal Emergency Management Agency is looking […]

BSX lists first London-domiciled cat bond

Greg Wojciechowski, CEO of the BSX The Bermuda Stock Exchange has listed its first London-domiciled catastrophe bond. The listing was sponsored by Estera Securities (Bermuda) […]

ILS to continue driving closer to the original risk: Aon execs

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 […]

ILS fund inflows more than compensate for losses: Eurekahedge

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 […]

Kathleen Faries announced as Chair of ILS Bermuda Ltd.

   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 […]

ILS growth to return, as longer-term investors remain committed: Aon

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 […]

Q4 2018 – Mortgage insurance risk dominates, as cat risk issuance shrinks

Cyclical downturn in ILS capital would benefit us: Swiss Re CEO

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 […]