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Climate summit expected to grow

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Challenging issue: Mark Guishard, left, director of the Bermuda Weather Service, Peter Schlosser, vice-president and vice provost of global futures at the Julie Ann Wrigley Global Futures Laboratory at Arizona State University and Karen Clark, the founder and chief executive of catastrophe modellers Karen Clark and Co participate in the panel discussion Observations from the Cutting Edge of Climate Developments at last year’s Bermuda Climate Summit (Photograph by Akil Simmons)

Organisers of the second annual Bermuda Climate Summit expect the event to double in size over its 2022 debut.

The summit, presented by the Bermuda Business Development Agency in partnership with KBRA, the rating agency, will be held June 26-27 at the Hamilton Princess and Beach Club.

As the world seeks ways to confront our planet’s biggest challenge, climate change, Bermuda is uniquely positioned to be a global leader in providing climate risk strategies and solutions, the BDA said.

The seriousness of the threat, and what Bermuda brings to the table to help partners across the world rise to meet this global crisis, is promised at the event.

The BDA said Bermuda has a long history of providing financial solutions that mitigate the negative impact of crises.

David Hart, BDA CEO, said: “We will discuss a wide-range of climate issues, including the science of climate change, the regulatory needs of green investors, and Bermuda’s aspirations to be a climate risk finance leader – the most adjacent vertical to our globally significant property catastrophe reinsurance and insurance linked securities sectors.

“In addition to cutting edge content and C-suite networking opportunities, we will encourage delegates to experience the island first hand via environmentally friendly excursions.”

The theme of the event is “Bermuda-Climate Central”.

Confirmed speakers include Marla Pourrabbani, data scientist, senior manager, ESG and Sustainability, Deloitte, who will moderate a panel entitled “Impact of a Changing Climate on Atlantic Hurricane Frequency and Severity” featuring panellists Pete Dailey, head of research, Aeolus; Peter Sousounis, vice-president/director climate change research, Verisk; and Craig Tillman, president, RenaissanceRe Risk Sciences.

“Net Zero or Not?” will be moderated by Miqdaad Versi, head of ESG, Oxbow Partners, UK and feature panellists Andrew MacFarlane, head of climate, Axa XL, a division of AXA; and Andrew Smith, chief risk and sustainability officer at Conduit Re.

“Global Climate Risk” will include Mark Guishard, director, Bermuda Weather Service; Simon Young, senior director, Willis Towers Watson; and Raveem Ismail, head of parametric underwriting, Africa Specialty Risks (ASR Re).

“The Power of Partnerships” will be moderated by Jeff Manson, SVP underwriting and head of global public sector partnership, Renaissance Re Ltd, and will include panellists Sid Miller, director, Climate Wise; Rebekah Clement, head of sustainability, Lloyd’s, and chairwoman of SMI Climate Action Committee; and Tim Nielander, founder and president, GP3 Institute.

Wide-range of climate issues: David Hart, chief executive of the Bermuda Business Development Agency (File photograph)

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Published April 06, 2023 at 7:36 am (Updated April 06, 2023 at 7:36 am)

Climate summit expected to grow

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