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CEOs to discuss capital at Bermuda Risk Summit

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John Huff, president and chief executive officer of Abir (File photograph)

A panel of Bermuda reinsurance leaders will offer a unique lens into optimising capital deployment, risk management and the dynamic forces shaping the industry’s future at the 2024 Bermuda Risk Summit.

The panel, titled “Putting Capital to Work: A View From the Top”, will be moderated by Association of Bermuda Insurers and Reinsurers chief executive John Huff. Panellists will include local insurance CEOs Peter Bell, Mark Cloutier, Kathleen Reardon and Paul Simons.

The summit is presented by the Bermuda Business Development Agency in partnership with Abir and EY.

Mark Cloutier, executive chairman and group CEO, Aspen and Deputy Chair, Abir (File photograph)

Mr Huff was pleased to once again be moderating a panel at the Bermuda Risk Summit, which Abir has been a headline sponsor of since its inception three years ago.

“I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market,” Mr Huff said. “It also speaks to Bermuda’s significance that we continue to attract such regulatory heavy hitters, including the president of the National Association of Insurance Commissioners, four NAIC commissioners, as well as Steven Seitz, director of the Federal Insurance Office, all travelling to participate in the summit.”

Mr Cloutier, Aspen executive chair and group CEO, said the summit comes at a time of strong performance from Bermuda in the reinsurance sector.

“That makes it the perfect time to reflect on what we are doing well as an industry, as well as how we can seek to improve,” Mr Cloutier said. “One of the most unique aspects of Bermuda’s risk market is how you can gather the most influential players, from government to the regulator and the private sector, all in the same room, to collectively think about where the risk and insurance industry needs to go next.”

Other panels will include “Market View: Global Regulators, Lloyd’s — Bermuda: A Shared Perspective, Legacy Redefined” and “Securing Tomorrow: Developments in Cyber-Risk Strategy”.

Last year’s Bermuda Risk Summit had 450 attendees, with more than 150 people from overseas. It is estimated that the event brought in $1.8 million to Bermuda’s economy.

Registration includes C-suite networking opportunities each day, including an opening reception sponsored by SS&C Technologies and a Friday networking happy hour sponsored by BermudAir.

Attendees can book one-on-one networking meetings with other delegates through the BDA Connect app.

The Bermuda Risk Summit 2024 will be held at the Hamilton Princess & Beach Club on Pitts Bay Road in Pembroke from March 13 to 15. A full agenda is available online. Potential delegates are encouraged toregister before the end of the price discount period on March 6

David Burt, the Premier, left with David Hart, CEO of the Bermuda Business Development Agency, at last year’s Bermuda Risk Summit, which reportedly brought $1.8 million into Bermuda’s economy (Photograph by Akil Simmons)

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Published March 01, 2024 at 7:58 am (Updated March 01, 2024 at 9:50 am)

CEOs to discuss capital at Bermuda Risk Summit

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