A.M. BestTV: TRIA Renewal Prospects; Health Care Costs in Retirement; Bermuda Captive Conference Wrap-Up

OLDWICK, N.J.--()--This episode of A.M. BestTV looks at insurance industry-related topics making headlines, including the Senate Banking Committee’s approval of a seven-year extension to the federal Terrorism Risk Insurance Program Reauthorization Act, and a Nationwide Financial Retirement Institute survey that finds that health care costs will increasingly outstrip Social Security benefits of many retirees. David Giertz, president of distribution and sales for Nationwide Financial, said optimizing Social Security benefits will become even more crucial as health care costs continue to escalate.

The episode also wraps up A.M. BestTV coverage of the 2014 Bermuda Captive Conference, with emphasis on Bermuda’s prominence in the insurance and reinsurance industries. Insurance executives and Bermuda government officials, including the territory’s new premier, talk about the hot topics that dominated the conference, such as private equity and captive development in Latin America and Africa.

Click on http://www.ambest.com/v.asp?v=news6614 to view the video program. Daily wrap-up reports and interviews from the Bermuda Captive Conference can be seen at www.ambest.com/bermuda14.

People who appear in this episode include:

  • David Giertz, president of distribution and sales for Nationwide Financial;
  • Michael Dunkley, Premier of Bermuda;
  • Carolyn Snow, President, Risk and Insurance Management Society;
  • Brian Duperreault, Chief Executive Officer, Hamilton Insurance Group;
  • Grant Gibbons, Bermuda Head of Economic Development, Bermuda;
  • Shelby Weldon, Director of Licensing and Authorisations, Bermuda Monetary Authority
  • Brian Duperreault, Chief Executive Officer, Hamilton Insurance Group;
  • Robert Johnston, Managing Director, Aon Insurance Managers (Bermuda) Ltd.;
  • Tom McMahon, Chairman (President, Cedar Management), Bermuda Captive Conference;
  • Muhammad Kahn, Principal, Deloitte Bermuda; and
  • Jeff Jeffrey, Washington Bureau Manager, A.M. Best Company.

A.M. BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at www.ambest.tv.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
lee.mcdonald@ambest.com

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Contacts

A.M. Best
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
lee.mcdonald@ambest.com