bermuda survey stats
TRANSCRIPT
![Page 1: Bermuda survey stats](https://reader035.vdocument.in/reader035/viewer/2022071813/55a440ee1a28ab42538b4755/html5/thumbnails/1.jpg)
Amount contributed to the local economy in 20131, which was...
$70million more than in 2012!1
$886,800,000
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ILS – here for the long run?
felt the capital was ‘sticky’ enough to remain after a large catastrophe.
of the ILS listed globally agreed that by the first quarter of 2014, Bermuda was
the jurisdiction of choice.
“The ILS sector has been making extraordinary returns. In order to get a big return on ILS, you have to take a big risk.”
77%60%
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Alternative capital – is it being deployed sensibly?
Six out of ten felt that the alternative capital was being deployed responsibly and with as much care and expertise as traditional reinsurance capital.
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Do hedge funds have a long-term commitment to reinsurance companies?
69% 31%YES NO
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Bermuda – an easy place to do business?
73%believed the current regulatory and political framework makes Bermuda an easy place to do business.
“Bermuda has proven over the last 15 years to be a sensitive and intelligent regulator.
Long may it continue.”
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The island’s reputation would be damaged if it did not achieve SII equivalence...
62% AGREED
38% DISAGREED
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Big data and analytics – at the heart of success?
46%
percent of firms asked had a big data program.
said they provided underwriting assistance
to insurers through analytics.
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Mergers and acquisitions – “everyone is talking to
everyone else.”
said they were considering an acquisition in the
next two years.
35%
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Business priorities – the smart money is on technology.When asked to cite their top three business priorities for 2015, participants ranked:
1st3rd 2nd
Technology
19% Searching yields & results
12%Talent
11.5%