Nearly 200 insurance and reinsurance executives from Bermuda are to join Government and regulators at a major industry conference in the US in April.

The Bermuda Business Development Agency is coordinating the island presence at the annual Risk and Insurance Management Society meeting in San Diego, California.

Ross Webber, the chief executive officer of the BDA, said: “RIMS and the networking carried out around it make this a vitally important business development event for the risk management industry and the BDA works to facilitate those connections.

“Our significant ‘Team Bermuda’ presence at RIMS every year allows our domicile to demonstrate its strength, value and leadership as one of the world’s top three insurance and reinsurance centres, the largest property catastrophe centre, the biggest captives jurisdiction and home of the most insurance-linked securities listings.”

Michael Dunkley, the Premier, Bob Richards, the Minister of Finance and Grant Gibbons, Economic Development Minister, will also attend the conference, along with Jeremy Cox, CEO of the Bermuda Monetary Authority and his director of licensing and authorisations Shelby Weldon.

The government delegation will meet with RIMS president Julie Pemberton, tour the conference exhibition floor, visit Bermuda industry booths and attend various industry events.

The Bermuda charm offensive will be run out of a two-storey structure designed on the distinctive lines of island architecture.

Mr Weldon said that international regulatory standards is likely to be a major topic at this year’s RIMS.

The Bermuda delegation will also hold speed networking sessions, pairing people interested in setting up a business in Bermuda with experts in various fields.