We revisit this article with Sherman Taylor,
Ocorian's Head of Capital Markets in Bermuda, published on Artemis on 1
August 2022 below.
With environmental, social and governance principles (ESG)
growing in relevance in Bermuda, Sherman Taylor, Ocorian's Head of Capital
Markets in the country, has shared his views on the matter as part
of Artemis' Q2 2022 Catastrophe Bond & ILS Market
Report.
"A corporate culture based on environmental, social and
governance principles (ESG) is rapidly developing in the global
capital markets landscape, with insurance coming into focus as a
powerful sector with a strong influence on investment
decisions," Taylor stated.
"There is a proliferation of underwriting exclusions and
restrictions in cover in the global (re)insurance market as a
direct result of ESG and this has not escaped Bermuda. Many large
global (re)insurers have publicly announced that they will either
exclude or restrict cover of assets and projects connected