Climate risk will be the focus of a webinar to be held on June 22, hosted by the Association of Bermuda Insurers and Reinsurers.

The event has been staged to mark International Climate Change Day, and will feature Bermuda re/insurance market leaders and Ekhosuehi Iyahen, secretary-general of the Insurance Development Forum.

The IDF, which is led by the insurance industry and supported by global organisations such as the United Nations and the World Bank, aims to extend the use of insurance to build greater resilience and protection for people, communities, businesses, and public institutions that are vulnerable to disasters and their associated economic shocks.

The webinar will provide insight into how Bermuda’s rich history as a natural catastrophe risk hub is transitioning the island into the “World’s Climate Risk Capital”.

In addition to Ms Iyahen, the panellists are Albert Benchimol, chief executive officer of Axis Capital Holdings; Marc Grandisson, CEO of Arch Capital Group Ltd, and Stephen Weinstein, executive vice-president, chief compliance officer, group general counsel and corporate secretary of RenaissanceRe Holdings Ltd.

The moderator will be John Huff, CEO of Abir.

• Anyone is invited to listen into the webinar. To register, visit https://tinyurl.com/y825g6z9