Experts from across the Insurance Linked Securities (ILS) asset
class are coming together to discuss the industry's pressing
issues at a Guernsey Finance-hosted thought leadership event in
The event, 'ILS Insight', takes place at the Park Hyatt
Zurich on Wednesday 2 July and will include two panel sessions
featuring ILS experts from Guernsey, the UK and mainland Europe.
Guernsey has become a leading destination for ILS; figures at the
end of last year showed that Guernsey licensed 89 new international
insurers during 2013, with more than 40 of the licences structures
relating to ILS.
Fiona Le Poidevin, Chief Executive of Guernsey Finance, the
promotional agency for the Island's finance industry
internationally, said: "Guernsey has quickly become a
specialist centre for ILS due to the Island's long track record
and expertise in both the investment funds and insurance sectors.
ILS allows us to combine and optimise these strengths in a way that
appeals to fund managers and insurers who understand that risks
continue to diversify and grow around us.
"By hosting this event we are looking to share our
knowledge and explain why the ILS sector is gaining considerable
traction across the globe, as it evolves from what was regarded as
a niche market to one that is a recognised, independent asset
The event's first panel session will focus on the renewal
season and recap on the key trends of 2014 with a particular focus
on modelling, pricing, transformation structures and Registrar and
Transfer Agency (RTA) providers. Moderated by John Rowson of Aon
Risk Solutions, the session will feature Niklaus Hilti of Credit
Suisse; Justin Wallen of Hexagon PCC Group; Jonathan Barnes of
Securis Investments; and Piers Cantlay of Aon Benfield.
The second panel session will look at investment and concentrate
on the challenges of investing in ILS, investor perceptions and the
comparative merits of open-ended and closed-ended investment
structures. Moderated by Robin Fuller of Dexion Guernsey, the
session will comprise Mark Helyar of Bedell Cristin Guernsey;
Barrie Duerden of Rothschild Wealth Management; Sandro Zwyssig of
Bank Julius Baer; Pius Fritschi of LGT Capital Partners; and
Patrick Stampfli of Schroder Investment Management Switzerland.
Miss Le Poidevin said the event will appeal to those involved
with the insurance and reinsurance sectors, investment banks,
private equity, hedge funds and regulation.
"Our panellists are extremely well placed to provide the
audience with a significant level of detail and technical expertise
on everything to do with ILS and the potential options associated
with investment in this asset class. The panellists will also be
ready to answer any questions from the audience so we expect it to
be a highly interactive and informative debate which really gets to
the heart of ILS," she said.
'ILS Insight', which is free to attend, takes place from
4pm on Wednesday 2 July 2014 at the Park Hyatt Zurich in Zurich and
will be followed by a drinks reception at 6pm. The event is
supported by news and analysis specialist Artemis.bm and insurance
magazine Reactions. Event sponsors are Bedell Cristin and Aon.
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