BDA TO HOST RIMS CLIMATE RISK SEMINAR ON JUNE 23

The Bermuda Business Development Agency (BDA) will host a climate risk finance seminar on June 23, in association with RIMS, the risk management society.

Roland Andy Burrows, BDA CEO said the seminar will feature climate risk finance experts in the areas of (re)insurance, InsurTech and Artificial Intelligence (AI), and Insurance-Linked Securities (ILS).

“The panel, entitled: ‘Bermuda and the Changing Landscape of Climate Risk’ will be moderated by Stephen Weinstein, BDA Chair, and feature expert panellists Jeff Manson, SVP Underwriting and Head of Global Public Sector Partnership, Renaissance Re; Andrew Engler, CEO, Kettle; and Ariane West, structured finance and climate risk finance expert,” Mr. Burrows said.

“The panel not only furthers our commitment to becoming the world’s climate risk finance capital, but also builds on Bermuda’s 35-year relationship with RIMS, including our 2020 RIMS/BDA virtual webinar series and the BDA’s diamond sponsorship of RIMS Live 2021,” Mr. Burrows said. “RIMS’ virtual conference, held between April 19-30, drew 3,286 attendees, and 103 exhibitors across 50 countries. Over 200 virtual education sessions took place, including a panel discussion hosted by the BDA on Bermuda’s liability market on April 22.”

The BDA also hosted a virtual ‘Take a Break in Bermuda” networking event on April 20 as part of the virtual conference, providing over 3,000 delegates with the opportunity to hear from the Premier of Bermuda, the Hon. E. David Burt, JP, MP, and Bermuda’s Minister of Finance, the Hon. Curtis Dickinson, JP, MP. Goslings’ rum swizzle cocktails were featured and the winner of an all-expenses paid trip to Bermuda, including a stay at the Hamilton Princess & Beach Club, was announced.

Following the June climate risk finance virtual panel, the BDA will once again partner with RIMS on September 23 and November 18 to cover ‘Distribution, Disruption and the Future of the Insurance Broker’ and captive insurance, respectively.

All sessions will take place at 1pm ADT. Registration for the June 23 webinar is now live, via the BDA’s website. Attendance is free of charge for RIMS members and costs $50 for non-members.
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