2025 SOA Valuation Actuary Meeting: Session 3D: Reinsurance Structures in Bermuda - ISAC's and Sidecars-08.18.25-Recording

This session explores the role of insurance-linked sidecars (Sidecars) and Incorporated Segregated Accounts Companies (ISACs) in Bermuda's insurance and reinsurance landscape. We will examine their structures, regulatory considerations, and how they can be leveraged for capital efficiency, risk transfer, and strategic growth. Attendees will gain insights into the advantages and challenges of using Sidecars and ISACs in the Bermuda market. By the end of this session, participants will: - Understand the key features, structures, and functions of Sidecars and ISACs. - Recognize the regulatory and capital implications of these vehicles under Bermuda's insurance framework. - Assess the benefits and challenges of utilizing Sidecars and ISACs for capital optimization. - Explore practical use cases and considerations for implementing these structures within an insurance or reinsurance strategy.