Ep 19 Bermuda briefing with Chris Bonard and John Turner of Ed Broking

Wednesday Apr 22, 2020

This episode is all about the state of play in Bermuda and what is happening on the island.

Two weeks ago I had a Zoom call with Chris Bonard, CEO and John Turner, Chairman of Ed Broking Bermuda.

As independent intermediaries looking to capitalise on what the island’s insurance and reinsurance markets have to offer, their view is really interesting.

Each decade has seen a relative USP that Bermuda has been able to bring to the global insurance market.

In the seventies it was captives and in the eighties it was excess casualty.

In the 90s and noughties it was property cat and in the 20-teens it was ILS and alternative capital.

After the erosion of many of Bermuda’s offshore tax advantages I wanted to find out where the growth is most likely to come from on the island in the twenties.

Chris and John’s answers will probably surprise you.

As well as getting to grips with Bermuda’s likely future role in the global insurance sector, we inevitably looked at initial reactions to and likely long-term consequences of the Covid-19 crisis and went deep into the role that Bermuda is playing in the hardening global insurance and reinsurance markets.

Enjoy the listen!