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Bermuda’s reinsurers are operating in an increasingly competitive market with margins likely to be squeezed further by a combination of growing competition from third-party capital and decreasing demand for reinsurance. That is the picture painted by...

Bermuda is leading the world in the issuance of insurance-linked securities (ILS). A report published by the Bermuda Monetary Authority shows that $3.5 billion of ILS, predominantly catastrophe bonds, were issued by Bermuda-based Special Purpose Insu...

Insurers and reinsurers are likely to have to venture into unchartered territory in their search for growth over the next decade, according to a top industry adviser. David Law, PwC’s global insurance leader, sees major opportunities for the industry...

More than $30 billion has gone into specialised insurance linked securities over the last three years alone — and that figure will continue to grow, a Bermuda business chief told a conference yesterday. Arthur Wightman, a partner and insurance leader...

Bermuda is at the centre of an evolving market in risk, a top insurance consultant said today. Arthur Wightman, managing director and insurance leader at PwC, said: “What I am saying is that over the last 12 months you have seen this domicile engage ...

Convergence 2013 is an event for investors, reinsurance and insurance companies and service partners to meet, network and learn about ILS such as catastrophe bonds. The two-day event, organised by ILS Bermuda, is being held in the newly renovated Pie...