Hashtag: #ABIR
ABIR Members Employ Record Numbers
Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] “employed a record number of Bermudians in 2024, as well as a new high annual contribution of $1,210,566,922 to Bermuda’s economy.” A spokesperson said, “These numbers were among the highlights of ABIR’s 20th Annual Economic Substance Survey, which saw... Read more of this article
Minister Attends ABIR Dialogue In Brussels
Minister of Economy and Labour Jason Hayward recently attended the Association of Bermuda Insurers and Reinsurers’ [ABIR] 18th Annual International Insurance Regulatory Dialogue in Brussels. A Government spokesperson said, “The Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, attended the Association of Bermuda Insurers and Reinsurers... Read more of this article
ABIR Members Report Strong Growth In 2024
Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] recorded a strong 10% year-over-year increase in premium written in 2024, and an 8.5% increase in total equity. A spokesperson said, “ABIR’s global underwriting report, released today, comprises data from 25 of 33 member re/insurers for the calendar year 2024. The... Read more of this article
Amelia Othman Joins ABIR As Summer Intern
The Association of Bermuda Insurers and Reinsurers [ABIR] has appointed Amelia Othman as Policy & Regulatory Summer Intern. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers announces the addition of Bermudian intern Amelia Othman to its team for the summer. Amelia will contribute to ABIR’s Policy and Regulatory work,... Read more of this article
ABIR Launches Summer Internship Program
Nearly 100 paid internships will be offered to Bermudian students this summer through the Association of Bermuda Insurers and Reinsurers [ABIR], which officially launched its 2025 internship programme this week at O’Hara House. A spokesperson said, “Bermudian students will benefit from almost 100 paid internships provided by member companies of... Read more of this article
ABIR Members To Pay $10B In Wildfire Claims
Bermuda’s re/insurers expect to pay nearly $10 billion in gross claims to US policyholders and cedants — as much as 30% of estimated insured losses — following the California wildfires, ABIR said. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] is proud to add its decades-long track record of being there... Read more of this article
Brit Re Joins ABIR, Stephenson Joins Board
The Association of Bermuda Insurers and Reinsurers [ABIR] has welcomed Brit Re as a new member, with Jonathan Stephenson appointed to the ABIR board of directors. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] is pleased to welcome Brit Re, the Bermuda-based reinsurance platform of Brit Ltd. [Brit], as a new member.... Read more of this article
ABIR: ‘Insuring Bermuda’s Future’ Campaign
The Association of Bermuda Insurers and Reinsurers [ABIR] has launched the “Insuring Bermuda’s Future” social media campaign, featuring an animated video highlighting how Bermuda’s international re/insurers contribute to economic growth, local jobs, taxes, businesses, education, and charities. A spokesperson said, “The Association... Read more of this article
Minister To Joins Roundtable Discussion
Minister of Economy and Labour Jason Hayward will participate in a roundtable next month to launch a free, online foundational insurance course sponsored by the Association of Bermuda Insurers and Reinsurers [ABIR]. A spokesperson said, “Jason Hayward, JP, MP, the Minister of Economy and Labour, will be among the participants in a roundtable next... Read more of this article
ABIR Members Economic Impact Exceeds $1B
Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] “contributed a record $1,016,904,197 to Bermuda’s economy in 2023, the highest amount recorded in ABIR’s 31-year history,” ABIR said today. A spokesperson said, “The record-breaking number was a highlight of ABIR’s 19th annual Economic Substance Survey,... Read more of this article
ABIR To Sponsor Free Insurance Course
The Association of Bermuda Insurers and Reinsurers [ABIR] will sponsor a free foundational course for the fifth consecutive year, providing Bermudian students and the public with free access to education about Bermuda’s re/insurance industry. A spokesperson said, “In collaboration with Bermuda College and the Maurice R. Greenberg School of Risk... Read more of this article
ABIR & EY Return As Sponsors For Risk Summit
The Bermuda Business Development Agency [BDA] announced that the Association of Bermuda Insurers and Reinsurers [ABIR] and EY will return as headline sponsors for the 2025 Bermuda Risk Summit, marking their fourth consecutive year of support. A spokesperson said, “The 2025 Bermuda Risk Summit will take place at the Hamilton Princess & Beach... Read more of this article
