Despite the impacts of the Covid-19 pandemic and subsequent
restrictions on travel and face-to-face meetings, Bermuda attracted
a significant amount of startup capital in 2020 ahead of expected
reinsurance market firming.
Noting this, leaders and experts from across the ILS and
reinsurance sector started by discussing why fresh investor and
startup capital should choose Bermuda.
At the same time, Bermuda is still the favoured jurisdiction for
catastrophe bond issuance, evidenced by a record breaking 2020 for
this sub-segment of the ILS space. However, there's now more
choice than ever for sponsors with new jurisdictions, notably in
Asia, increasingly looking to grow their market share.