Bda Angle next week
significant exercise in investor relations over the first three days of next week at the annual meeting called the Bermuda Angle.
They host top securities analysts, shareholders and clients every autumn, who arrive for an in-depth look at company books and market trends.
Leading firms such as ACE, EXEL, Mid Ocean Re, Renaissance Re, PartnerRe and Mutual Risk Management will be the focus for the analysts, although there is likely to be some desire for an audience on the part of privately-held companies like LaSalle Re, which has indicated an intention to go public.
More than 100 people will be here for the meetings including investment bankers and mutual fund representatives. They will be here as investors to get updates on the companies and to get to know the management.
Monday, the analysts can expect to be entertained at social events that include a reception. Tuesday, they are involved in meetings with each company, where the company heads present their most recent financial information, talking about the underwriting environment and what the market is like.
They typically end the event with a round of golf and a reception.