Cyber Risk, ILS, Oil & Gas, LatAm: Hot Topics for This Year’s Bermuda Captive Conference

HAMILTON, Bermuda, Jan. 15, 2016 (GLOBE NEWSWIRE) -- Industry hot topics like 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.

BCC Marketing Committee Chair Jereme Ramsay (left), of the BDA, with BCC Chair David Gibbons, of PwC Bermuda

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a076d17f-ecff-4638-80ab-d23416441918

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 director 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/

MEDIA CONTACT:

Rosemary Jones
BDA Communications Manager
[email protected]
c: 441 337-4696
d: 441 278-6558