Agenda

Bermuda Underwater Exploration Institute (BUEI) • 40 Crow Ln, Pembroke, Bermuda

Agenda

08:00

Registration and morning coffee

08:40

Opening remarks

Christopher Cundy, Managing Editor, InsuranceERM & Insurance Asset Risk 

8.45

Welcome

Andy Burrows, CEO, Bermuda Business Development Agency 

09:00

Keynote Interview: The global economy, regulations and geopolitical risks

  • The new US Model Reinsurance Act
  • Developments on AI/big data regulation
  • Views around the current Congress and next year’s election

Interviewer: Christopher Cundy, Managing Editor, InsuranceERM & Insurance Asset Risk 

Michael Consedine, Chief Executive Officer, National Association of Insurance Commissioners (NAIC)  

09:30

Regulatory Panel Discussion: Pressures, opportunities and challenges of an evolving regulatory landscape

  • Trends in new licensing of Bermuda insurers
  • Changes to Bermuda capital regime
  • Updates from other regimes
  • IFRS 17 & US GAAP LDTI implementation

 

Moderator: Gokul Sudarsana, Director, Deloitte

Craig Swan, Managing Director, Supervision, BMA

John Hele, President and COO, Resolution Life Group Holdings 

Sylvia Oliveira , CEO, Wilton Re Bermuda

10:15

Presentation: Trends in credit and political risk – the insurers’ perspective

Carolyn Thomas, Global Head, Credit & Political Risks, Aspen Insurance

10:45

Morning coffee break and networking

11:15

Panel Discussion: Developing and embedding a risk culture and framework within an organisation

Moderator: Anup Seth, Managing Director, Aon

Liz Cunningham, Chief Risk Officer, Nautilus Indemnity Holdings Limited

Paolo Fiandesio, Risk Manager, Somerset Reinsurance Limited

 

11:55

Panel Discussion: Climate change, cat exposures and the protection gap

  • Success stories for closing protection gaps – and government policy initiatives that have worked 
  • How is climate change going to alter cat exposures? 
  • Will climate change expand or shrink the protection gap? 
  • Opportunities for traditional reinsurance and ILS in managing climate risk

 

Moderator: Stephen Weinstein, Senior Vice President and Group General Counsel, Renaissance Re Chair, Renaissance Re Risk Sciences Foundation

Arié Haziza, Senior Vice President, Head of Catastrophe Risk Analytics, Allied World Assurance Company, Ltd

Helen Wilson, VP Underwriting Operations, QBE Equator Re and QBE Blue Ocean Re

12:35

Lunch break and networking

13:35

Presentation: Leveraging ERM for capital efficiency

  • Risk and capital management challenges
  • Investor imperatives
  • Risk capacity, appetite and business strategy
  • Integrating ERM with capital management and capital allocation
  • Driving a value-creation culture
  • Financial governance

 

Leon Bloom, Retired Partner, Deloitte Canada

14:15

Panel Discussion: The evolving ILS market

  • As ILS funds increase their scope, how are the evolving their risk tools?
  • What are the key challenges for ILS funds as they report their risks to investors?
  • As the level of alternative capital provided by ILS funds reduces – what are the implications for the market?
  • Why are some ILS funds putting in capital but others are not? Are they pricing better? How are they using software and other tools to make decisions?
  • The fragmentation in the regulatory framework for ILS providers and traditional players
  • Could there be an emergence of shadow like players in the ILS space?
  • How is the ILS market going to evolve in terms of governance, collateral and investor appetite given the recent challenging market?

 Moderator: Edward Mishambi, Senior Vice President, RenaissanceRe

Scott Cobon, Managing Director, Artex Risk Solutions

Steve Britton, Managing Director, Aon

14:55

Panel Discussion: It’s time to talk about Tech: Using technology in insurance to grow businesses

  • Which tech start-ups will be the next Uber? 
  • Where is the low-hanging fruit for technology to make a big difference to the insurance value chain? 
  • What are the opportunities for commercial insurers and reinsurers to make a difference? 
  • Recent developments in CasTech and opportunities for the industry
  • Can reinsurers disrupt primary insurers with better technology? 
  • Technology risks: cyber, ethics and reputational

 

Moderator: Nicole Van Allen, Account Executive, Praedicat

Craig Swan, Managing Director, Supervision, BMA

Jonathan Gale, Chief Executive Bermuda Reinsurance, AXA XL

Shannon Totten, Excess Casualty Practice Leader, Sompo International

Thomas Olunloyo, CEO, Legal & General Reinsurance

15:35

Afternoon coffee break and networking

16:05

CRO Fireside Chat

Perspectives on the top 3 emerging risks

 Andrew Smith, Chief Risk Officer, Qatar Reinsurance Company Limited

Interviewer: Patrick Tannock, Chief Executive, Bermuda Insuranceand Managing Director, AXA XL, Chairman, ABIC

16:35

C-Suite: Panel Discussion: Planning for disruptive scenarios

  • Positioning the investment portfolio: how to cope with a low-for-long interest rates scenario, and the end of the credit cycle
  • Bermuda and the European tax blacklist – will there be lasting implications?
  • Expanding markets: the opportunities and risks in cyber insurance, intangible assets and cannabis businesses
  • The impact of climate risk on re/insurance markets
  • Addressing the talent gap and diversity in the insurance industry
  • Maintaining relevance in a digital society

 

Moderator: John Huff, CEO, Association of Bermuda Insurers & Reinsurers

Janice Weidenborner. Executive Vice President and Group General Counsel, Third Point Reinsurance

Georgette Barit, Senior Vice President and General Counsel, Bermuda, American International Company

Guy Soussan, Partner, Steptoe & Johnson

17:15

Closing remarks, followed by networking drinks reception

Christopher Cundy, Managing Editor, InsuranceERM & Insurance Asset Risk