yber risk, ILS, oil & gas, LatAm: hot topics for this year...
Transcript of yber risk, ILS, oil & gas, LatAm: hot topics for this year...
Cyber risk, ILS, oil & gas, LatAm: hot topics for this year’s Bermuda Captive Conference
Hamilton, Bermuda, January 14, 2015 — Cyber risk, energy trends, collateralised reinsurance, Canada
and Latin American opportunities are among the hot topics shaping up for this year’s Bermuda Captive
Conference June 13–15.
The 2016 conference promises captive owners, risk managers and insurance professionals a robust,
extensive agenda offering expert insights into current developments that impact the captive insurance
market. Expected to attract more than 700 delegates, it will also deliver a broader view on insurance
industry topics, emerging issues, and global risk perspectives—plus offer opportunities to network with
industry specialists and peers.
“Our speakers and panelists will be discussing topical and emerging issues such as cyber risk, oil and
gas risk, Canada, Latin America, insurance-linked securities, taxation treatments, legal issues, and
recent claims and investment trends,” said Conference Chair David Gibbons, managing partner at PwC
Bermuda.
Bermuda is the top global captive jurisdiction, home to 800 captive insurance companies, supporting
primarily Fortune 500 corporations in the US, and generating over $48 billion in annual gross written
premiums in 2014. Notably, Bermuda-based captives support an estimated 25 percent of the American
medical insurance and reinsurance market, and a growing number have originated from Canada and
Latin America in recent years.
“We plan to capitalise on these trends with a compelling agenda that will attract, educate and engage
delegates at this year’s event,” said Gibbons.
Other 2016 agenda highlights include:
Keynote speaker Joe Flowers, a leading international expert in healthcare, genomics and
biotech. Joe will explore the future of healthcare and the impact of technology,
pharmaceuticals and diagnostic techniques
Insurance and reinsurance industry views on the impact of climate change and the evolving
nature of catastrophe events and losses
Sessions on how to use captives for global employee benefits, including post-retirement
benefits (pensions/retiree medical), providing financial advantages and efficiencies to parent
companies
Expert insurer and captive owner panels on the impact of healthcare reform on company
liabilities, healthcare insurance and long-term, critical-care insurance. Case studies will include
how companies are using captives as a management tool for analyzing medical-loss data and
driving down global medical costs
“Bermuda shorts” briefing sessions of 15 to 20 minutes, on specific lines of business, technical
issues and targeted topics identified by captive owners and professionals
Online registration for the Bermuda Captive Conference is now open and earlybird accommodation
rates at host hotel, the Fairmont Southampton Resort, are available until February 29. To register, go
to: https://bermudacaptiveconference.com (use the passkey: Bermuda Captive Conference, block
code: BERM0615-002), or call the Global Reservation Centre at 800/441-1414. Group bookings can be
made by contacting Stephanie Parson at: [email protected].
United Airlines is offering discounts of two to 10 percent off published fares for the conference.
Delegates can save an additional three percent by booking reservations via www.united.com (offer
code ZVMF517698). Flight reservations can also be made by phoning United Meetings at 800/426-1122
(Z code ZVMF, agreement code 517698).
The Bermuda Business Development Agency (BDA) will be promoting the conference at major
upcoming industry events such as the annual World Captive Forum in Boca Raton, Florida, which kicks
off January 31, and at the Captive Insurance Companies Association (CICA) March 6–8 in Scottsdale,
Arizona.
For more information on the Bermuda Captive Conference, call +1-441/295-2626, email
[email protected] or go to https://bermudacaptiveconference.com/
PHOTO CAPTION: BCC Marketing Committee Chair Jereme Ramsay (left), of the BDA, with BCC Chair David Gibbons, of PwC Bermuda
MEDIA CONTACT:
Rosemary Jones BDA Communications Manager [email protected] c: 441 337-4696 d: 441 278-6558