Individual and panel interviews with A.M.BestTV
Will McCallum, managing director, KPMG, said larger multinational insurers are adjusting their organizations and risk strategies to accommodate cross-border tax issues.
Investment managers said captive insurers will benefit from rising interest rates, but not if the rates rise too quickly and depress bond yields and raise collateral requirements.
Paul Bailie, director, Willis Towers Watson Management (Bermuda), said increased regulation and a greater reliance on data analytics have insurance managers expanding their skills and concerns.
Dennis Silvia, president, Cedar Consulting, said Bermuda is breaking the mold among mature domiciles by showing a willingness to develop speedy new approaches for the introduction of new products and risk-focused technologies.
Mark Jennings, senior vice president, Wilmington Capital Securities, said reinsurers and insurers are consolidating because companies are not distinguishing themselves from one another.
