As the dust settles on the fourth annual Bermuda Risk Summit, organisers are tallying up its successes, including higher-than-expected profits at the host hotel, Hamilton Princess & Beach Club.

The venue has reported a final room pick-up of $136,654, exceeding the original contract by more than $28,000.

The conference was arranged by the Bermuda Business Development Agency in collaboration with the Association of Bermuda Insurers and Reinsurers and EY.

Kendaree Burgess, the managing director of the BDA, said the summit did exactly what it was designed to do by convening global leaders, advancing thought leadership, and creating tangible business outcomes.

“The power of the Bermuda market lies in its unique public-private partnership,” she said. “During the event, delegates saw first-hand how industry, regulators and Government work together to reduce barriers and enable fit-for-purpose solutions. As the world seeks quality, stability and innovation, Bermuda continues to deliver.”

Organisers said the summit also contributed to increased air arrivals for Bermuda and significant business engagement across the City of Hamilton.

More than 400 delegates took part in three days of high-level dialogue, networking and strategic insight, with 39 per cent of them visiting from overseas.

In 14 different sessions, attendees explored how the industry is responding to seismic shifts, whether climate-driven, geopolitical, technological or regulatory.

A spokesman for the BDA said Kevin Kajiwara’s keynote on geopolitical risk set the tone with a sobering but pragmatic take on the road ahead, while California insurance commissioner Ricardo Lara’s remarks alongside wildfire expert Jeff Goodell highlighted the urgency of climate-driven disaster solutions and Bermuda’s critical role in them.

During the summit more than 100 local students also gained insights from industry professionals on career pathways, skills development and sector growth.

Attendee feedback confirmed the value of the experience, with survey responses citing exceptional access to decision-makers, quality of sessions and the unmatched setting as key differentiators.

The BDA said beyond the immediate economic impact, the summit also delivered long-term return on investment for Bermuda by attracting new companies, expanding the island’s risk ecosystem and converting prospects into active investors in our economy.