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Emphasis should be on the business model and risk management, not on ownership, the panel says

Maurice Conti urges organisations to embrace artificial intelligence as Bermuda aims to regulate and understand it

New insurance frameworks present opportunities for Bermudian reinsurance, despite some challenges

The Government is introducing new legislation for insurers to incentivise them to invest in the island

In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities

BMA assesses the resilience of Bermuda’s insurance market through regular exercises

Commercial insurers and reinsurers incurred $1.1 trillion in claims to global policyholders from 2016 to 2024

Bermudian-based reinsurers have already faced heightened combined ratios in part because of the events

Changes are said to be driven by ambitions to grow the reinsurance market as well as capital base building

More than 70 long-term insurance companies are now based on the island, managing over $1 trillion in reserves

As part of his new global role, the executive will relocate to Ireland in 2026

Locally based companies were at the centre of some of the year’s biggest transactions in the sector