Predict the financial future with ReMetrica
Following changes like Solvency II and IFRS, insurers are demanding more value from their investment in capital models.
This trend is seeing a shift in how actuaries, catastrophe modellers and other risk analysts use models from primarily identifying solvency capital requirements to exploring wider financial strategies such as asset allocation and business optimisation.
That’s why we developed ReMetrica Version 7 – the latest release of our next generation modelling tool.
- Tailored model structures created quickly from a fully tested and supported component library
- A comprehensive library of advanced components sufficient enough to build a sophisticated capital model
- Models can be understood quickly and easily by any user, removing key-man risk.
- Transparent models mean you can get to your data quicker
- New tools such as DataGrids, Key properties and Message Views mean you can understand and diagnose your data
- Answer questions like, “What caused my bad year?” with model re-run.
- Easy to do what-if deterministic calculations.
BERMUDA BUSINESS DEVELOPMENT AGENCY (BDA)
The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate or expand their business in Bermuda. An independent, public-private unit, BDA connects prospective business to industry professionals, regulatory officials, and key contacts in the Bermuda government to facilitate domicile decisions. BDA also supports existing companies on the island to foster an environment for economic growth and job creation. Bermuda is one of the world’s top-three insurance centres, with London and New York. The jurisdiction is the single most important property and catastrophe market; the largest captive insurance market; and the largest depository of ILS listings ($21 billion, more than 70 percent by Q4 2016). Fifteen of the world’s top 40 (re)insurers hold licences on the island, employing more than 40,000 people worldwide. To learn more about Bermuda as a world-class financial centre or connect with a BDA representative, go to bda.bm.
Deloitte Ltd. in Bermuda has been serving clients on the island and across the globe for more than 50 years. As leaders in providing professional services to various industries, Deloitte works with clients to address a range of critical issues brought on by advances in technology, regulatory changes, competition and the changing demands of consumers.
With 150 professionals in Bermuda, our integrated approach delivers keen insights and industry knowledge to clients. Our objective is to help our clients excel by anticipating tomorrow’s agenda with focused, insightful and fresh thinking borne out of our multidisciplinary strengths. We draw upon our specialist skills both within Bermuda and across the Deloitte network to help clients succeed wherever they operate. What’s different about Deloitte is our people, who focus on making an impact that matters by building long-term relationships, and delivering measurable value for our clients’ businesses.
The Deloitte team in Bermuda is dedicated to providing Audit, Risk Advisory, Actuarial, Financial Advisory, Consulting and Tax services to clients across multiple industries in the private and public sectors.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Our BBC market segment encompasses member firms in the Bahamas, Bermuda, British Virgin Islands and Cayman Islands and is operationally aligned with our Americas Financial Services Organization, headquartered in New York. We are a team of approximately 400, serving the banking and capital markets, insurance, and wealth and asset management sectors. We provide a full suite of advisory, assurance, transaction advisory and tax services and focus on providing seamless, exceptional client service.
The Association of Bermuda Insurers and Reinsurers (ABIR) represents the public policy interests of Bermuda’s international insurers and reinsurers that protect consumers around the world. With headquarters and operations in Bermuda and with operating subsidiaries in the United States and Europe, these carriers do business in more than 150 countries.
Bermuda International Long Term Insurers and Reinsurers (BILTIR) was created to serve as a formal association representing the long-term insurers and reinsurers in Bermuda.
The primary focus of BILTIR is to act as an advocate for Bermuda's life and annuity industry for public policy that supports the industry marketplace, including regulatory requirements, other Bermuda Monetary Authority or Bermuda government issues, and tax matters with various jurisdictions.
BILTIR strives to provide a consistent and coherent voice for concerns of the long-term (re)insurance sector in Bermuda.
The Bermuda Insurance Management Association (BIMA) is a non-profit organization which is led by Bermuda resident Insurance Managers. BIMA was formed to:
- Protect the interests of members and clients.
- Liaise with government and/or any association or body on matters affecting the insurance industry.
- Provide a unified approach to problems and opportunities that may be of concern to the Association’s members.
- To encourage professionalism and education of the members in carrying out their business.