Bermuda and Cayman reinsurance markets broaden with sidecars and new strains – KPMG

KPMG emphasised that reinsurers ought to search to restrict their dealing with of PII each time doable and implement strict safety controls to handle delicate knowledge. Compliance groups play a key position in making certain adherence to worldwide knowledge safety legal guidelines, which can embody entry restrictions, worker coaching packages, and response protocols for potential breaches.