Marcelo Ramella, deputy director of policy and research at the Bermuda Monetary Authority (BMA), has been appointed as chair of the International Association of Insurance Supervisors’s (IAIS) reinsurance taskforce.
Ramella will serve on the taskforce for two years. The taskforce’s mandate will to be review and suggest improvements to the international standards for supervising reinsurance.
Jeremy Cox, CEO of BMA, commented: “Bermuda was a founding member of the IAIS and Marcelo Ramella has been actively taking part in the IAIS on the authority’s behalf for 10 years.”
“During this time he has become valued both locally and overseas for his regulatory experience and breadth of knowledge about the global reinsurance and insurance marketplace. This is a good example of the level of credibility Bermuda and the authority’s team holds in the international regulatory community.”