BMA To Chair IAIS Reinsurance Task Force

January 25, 2016

The Bermuda Monetary Authority announces that Dr. Marcelo Ramella, Deputy Director, Policy & Research, has been appointed Chair of the International Association of Insurance Supervisors’ [IAIS] Reinsurance Task Force.

Jeremy Cox, Chief Executive Officer at the Authority, congratulated Dr. Ramella on his appointment, noting that the Authority participates in numerous IAIS committees, and has chaired or co-chaired the Reinsurance Transparency Group, Reinsurance Subcommittee, Macroprudential Policy and Surveillance Working Group and the Insurance Groups and Cross Sectoral Subcommittee.

Marcelo Ramella, Deputy Director, Policy & Research

Marcelo Ramella Bermuda Jan 25 2016

“Bermuda was a founding member of the IAIS and Marcelo has been actively taking part in the IAIS on the Authority’s behalf for 10 years,” Mr. Cox said.

“During this time he has become valued both locally and overseas for his regulatory experience and breadth of knowledge about the global [re]insurance marketplace. This is a good example of the level of credibility Bermuda and the Authority’s team holds in the international regulatory community.”

Dr. Ramella will serve for two years, during which time, the mandate of the Reinsurance Task Force will be to review and suggest improvements to the international standards for supervising reinsurance

Dr. Ramella is a Visiting Fellow at the UK London School of Economics and Political Science [LSE]. A National Public Accountant [Buenos Aires, Argentina], Marcelo has an MBA from Bocconi University [Milan, Italy], and an MSc in Social and Organisational Psychology and PhD in Social Psychology from LSE.

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