Bermuda:Re
BermudaReinsurance . November 2006
Contents
Mobile capital creates new opportunities
06
Convergence of the reinsurance and capital markets highlights the
—and new optimism mobility of capital, says David Priebe.
David Priebe
Enhancing Bermuda’s capital adequacy framework
10
Jeremy Cox discusses proposed regulatory changes in the area of
Jeremy Cox
capital adequacy.
Who watches the watchers?
14
Roger Crombie reports on changes to the way rating agencies are regulated.
Roger Crombie
CEO Survey: the rating agencies
18
A handful of CEOs answer some pointed questions on the rating agencies.
Bermuda Reinsurance
Bermuda: in good hands
23
Two new Bermuda majors were starting their lives in the third quarter of
Roger Crombie
2006. Are they harbingers of more to come? Roger Crombie investigates.
A reinsurer for all seasons
26
Greg Hendrick tells Bermuda Reinsurance that his strategy remains
Bermuda Reinsurance
unchanged as the 2006 hurricane season winds down.
Towers Perrin ramps up its Bermuda presence
30
Bermuda Reinsurance profiles the Bermuda operations of Towers Perrin,
Bermuda Reinsurance
which has been on the Island for 26 years.
Making allowances
34
Belinda Chiaramonte says those who frown upon housing allowances
Belinda Chiaramonte
may have found an unlikely ally in the US Government.
The changing role of the life reinsurer
38
Life reinsurers must adapt to a new environment, says Chris Stroup.
Chris Stroup
Solvency II: know your customers
42
Solvency II will benefit reinsurers who are flexible and willing to take
Andrzej Czernuszewicz
a broad view of their responsibilities towards customers, according to
Andrzej Czernuszewicz.
A renaissance on East Broadway
48
RenaissanceRe Holdings is back on track, running its joint ventures and
Roger Crombie
a $1.5 billion book. Bermuda Reinsurance talks to Kevin O’Donnell.
Reinsurance investment perspectives:
52
Over the last few years, interest in alternative investments has grown
assessing risk and return in private equity significantly as reinsurers re-examine their allocations and look for new
Dan Murphy ways to deploy surplus capital. Dan Murphy explores private equity as
an asset class.
Hedge funds and the Bermuda insurance market
58
Neil Horner looks at the different ways in which the Bermuda market
Neil Horner
is attracting hedge fund capital.
Personal Lines: May contain nuts
62
A talk by H.E. Sir John Vereker, Governor of Bermuda, to the
H.E. Sir John Vereker
Association of Bermuda Insurers and Reinsurers on September 20, 2006
BermudaReinsurance . November 2006 5
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68