New Bermuda group to hold insurance-linked securities conference
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A newly formed association of Bermuda-based insurers, reinsurers, asset managers and regulators announced an inaugural insurance-linked securities conference on Tuesday.
Scheduled to held in Hamilton, Bermuda, on Nov. 14, the conference, Convergence 2013, is intended to give attendees the “opportunity to network and discuss the industry’s most strategic opportunities and pressing challenges in an environment focused on building relationships and making deals,” according to the sponsor, ILS Bermuda.
“As the world’s leading jurisdiction for insurance-linked securities and collateralized reinsurance, Bermuda is a natural convergence hot spot and therefore an ideal host for this conference,” an ILS Bermuda spokeswoman said in a statement. “We believe this conference will become the marquee event for the ILS industry.”
While full conference details are forthcoming, ILS Bermuda said the concept for the conference is being modeled after other reinsurance events such as Monte Carlo’s annual Rendez-vous de Septembre.
“ILS activity in Bermuda has grown rapidly in the past few years, and Bermuda has been independently lauded as the world’s top domicile,” Grant Gibbons, Bermuda’s minister for economic development, said in the statement. “We want to continue building on this momentum — and believe that Convergence 2013 will cement Bermuda’s position as a leading jurisdiction in this space.”
Registration details for the conference will be provided in the coming weeks, ILS Bermuda said, while additional information is available on the group’s website.
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