July 26, 2018

ILS Bermuda Announces John Seo As Industry Keynote Speaker for Convergence 2018

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 Seo, co-Founder and Managing Director of Fermat Capital Management, LLC will share his views on how the ILS market can grow to be a $300B market.


John has over 26 years of fixed income, FX options, and interest-rate-derivatives structuring and trading experience. Prior to forming Fermat Capital with his brother Nelson in 2001, John was head insurance-risk trader at Lehman Brothers, an officer of Lehman Re Limited and a state-appointed advisor to the Florida Hurricane Catastrophe Fund. John’s work in catastrophe bonds was featured in a Michael Lewis’ cover article for the New York Times Magazine (“In Nature’s Casino”, 26 Aug 2007). John has testified as an expert witness on alternative risk-transfer markets before the U.S. Congress and in 2015, was appointed to the Advisory Committee on Risk-Sharing Mechanisms (ACRSM) by the U.S. Department of the Treasury. John received a Ph.D. in biophysics from Harvard University (1991) and a B.S. in physics from M.I.T. (1988).

A panel Q&A featuring senior executives from the ILS community will follow John’s keynote presentation.


Greg Wojciechowski, CEO, Bermuda Stock Exchange, and ILS Bermuda Chairman, said: “On behalf of ILS Bermuda, I am very pleased to announce that Dr. Seo will give this year’s industry keynote address.  He is a well-known leader in the ILS arena and his views are always welcomed by our industry.  The continued growth of ILS over the years shows the (re)insurance catastrophe market has accepted ILS and alternative reinsurance as a key component in its evolution, while investors continue to seek investment opportunities in this space. We are delighted to welcome and host Dr. Seo in Bermuda, where ILS innovation has been centre-stage and look forward to hearing his views on the market.”


More than 300 delegates are expected to attend this year’s event to be held at the Hamilton Princess Hotel on October 3rd-4th. Last year delegates from 13 different countries attended the annual Bermuda Convergence event – a networking event covering the alternative reinsurance, insurance linked securities (ILS) and collateralised reinsurance landscape.

This year’s event promises an exciting line-up of speakers and ‘Bermuda Shorts’ topics including: Confidence in the Maturing Asset Class, Bridging the Protection Gap, Transparency in the Market, Technology Shaping the Industry, Tax and Regulation in Focus, as well as the popular annual panel with leading Investors.

Tim Tetlow of ILS Bermuda’s Thought Leadership and Education team said: “John is known as a visionary in the ILS space and one of the early pioneers of this innovative asset class. John is uniquely positioned to comment on the successes and failings of ILS as a maturing asset class in the context of 2017’s catastrophic losses as well as steps to responsibly grow the asset class in the years to come, ”


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