Insurance Risk Data, the insurance research and data arm of InsuranceERM, will host a launch webinar for its fourth annual research into asset management outsourcing by Bermudian insurers on 24 October, providing key insights into the report's findings.
Click here to register for Insurance Risk Data's free webinar on outsourcing by Bermuda's CIOs, at 2pm BST on 24 October.
The comprehensive 233-page report examines key themes affecting Bermuda’s re/insurers, their chief investment officers (CIOs) and outsourcing partners.
The report comes with an Excel chartbook containing data for all of the report's 140 exhibits.
Key themes covered include the future for asset-intensive re/insurance; ownership of Bermuda’s re/insurers by PE houses/alternatives managers; the extent, roles and nature of illiquid investments; and development of solvency levels of re/insurers.
The report also contains a 40-page list detailing the investment size and performance of 180 of Bermuda's re/insurers, asset managers they use, and further details of the engagements including hirings/firings, and names of specific funds being used.
There is a dedicated chapter of detailed analysis of investment management agreements (IMAs) between about 130 different named insurers and managers, whom we also name. The list enumerates fee rates and amounts managers earned from IMAs with Bermuda's re/insurers in 2022/23; tasks re/insurers expected them to perform; return- and capital charge targets; redemption terms and when re/insurers could vary these terms; which asset classes IMAs referred to, and more. This chapter is invaluable to understand the T&Cs Bermuda’s CIOs insist on, and are willing to give ground on, and the fee rates managers are charging.
The theme of illiquid investments is illuminated by a description of the fund locks/gates, redemption periods, and unfunded commitments, for named asset classes.
In a chapter analysing industry solvency, we examine group-level solvency back to 2018. That chapter also contains applicable capital risk charges for each asset class.
A further chapter has names of individuals holding 151 different investment-related positions at Bermudian insurers - from CIO and CFO to investment committee members.
For further details about this unique research report and to reserve a copy contact [email protected].
- Click here to register for Insurance Risk Data's free webinar on outsourcing by Bermuda's CIOs, on 24 October 2024, 2:00 PM BST