The Bermuda Business Development Agency is folding its Climate Summit into the Risk Summit platform, uniting two of its most high-impact event brands under one expanded global forum.

The fifth annual Bermuda Risk Summit will take place next March at the Hamilton Princess & Beach Club.

According to the BDA, the change reflects the realities of today’s risk landscape, where environmental exposures, capital deployment, geopolitical pressure and regulatory shifts are deeply interconnected.

By embedding climate-related themes into the broader risk agenda, the BDA aims to sharpen focus, increase relevance and deliver even greater value to the international insurance and reinsurance, risk, life and investment community.

“This is about being responsive to the market and deliberate in our positioning,” said Kendaree Burgess, managing director of the BDA. “We’re seeing clear signals that capital markets and corporate leaders want integrated solutions — not siloed conversations.

“This move reflects Bermuda’s strengths: we are expert, agile and attuned to the geopolitical and economic forces shaping risk worldwide.”

A BDA statement said that since its launch in 2022, the Bermuda Risk Summit has become a cornerstone of the global risk calendar, drawing senior leaders from across insurance and reinsurance, ILS, life, capital markets, regulation and advisory.

The statement said: “As geopolitical risks and economic decoupling fuel uncertainty for global insurers, Bermuda continues to offer rare stability, underpinned by a robust regulatory framework and trusted jurisdictional standards.

“Insurers and asset managers increasingly view Bermuda as a critical hub for capital innovation — including private credit, insurance-linked securities, and alternative structures such as sidecars — especially as inflationary pressure and rate volatility persist.

“The 2026 event will build on this momentum, offering a deeper lens on capital optimisation, resilience and integrated risk strategy.”