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ABIR Signs On To Climate Change Principles

ABIR Signs On To Climate Change Principles

The Association of Bermuda Insurers and Reinsurers [ABIR] has signed on to the Insurers’ Principles for Climate Change Adaptation drawn up by the Insurance Institute for Business & Home Safety [IBHS] with support from the property casualty insurance industry. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers has signed... Read more of this article

ABIR Welcomes NAIC Leaders To Bermuda

ABIR Welcomes NAIC Leaders To Bermuda

The Association of Bermuda Insurers and Reinsurers [ABIR] will welcome the leadership of the National Association of Insurance Commissioners [NAIC] to Bermuda this week “to participate in a live webinar discussion of international reinsurance and climate risk.” A spokesperson said, “The Association of Bermuda Insurers and Reinsurers... Read more of this article

ABIR Welcomes Lockton Re As A New Member

ABIR Welcomes Lockton Re As A New Member

The Association of Bermuda Insurers and Reinsurers [ABIR]  has welcomed Lockton Re, the reinsurance arm of the world’s largest independent insurance broker, as a new member. A spokesperson said, “Lockton Re has joined ABIR’s Broker Advisory Cabinet, a body that allows for collaborative efforts among Bermuda’s leading re/insurers and brokers... Read more of this article

ABIR Virtual Panel Discussion On Active Allyship

ABIR Virtual Panel Discussion On Active Allyship

The Association of Bermuda Insurers and Reinsurers [ABIR] will host a virtual panel discussion entitled “Where Do We Go From Here?” on Thursday, September 23rd. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] will host a virtual panel discussion this month on the importance of active allyship in achieving diversity,... Read more of this article

ABIR Member Companies Welcome 23 Interns

ABIR Member Companies Welcome 23 Interns

Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] are giving 23 young Bermudians a taste of the insurance industry through summer internships. The students are gaining valuable experience with companies including Aeolus, Arch, Ariel Re, Ascot, Chubb, Convex, Fortitude Re, Hamilton, Mosaic Insurance and Validus, as well as... Read more of this article

ABIR Welcomes Kace Wales As Intern

ABIR Welcomes Kace Wales As Intern

Bermuda College student Kace Wales has joined the Association of Bermuda Insurers and Reinsurers [ABIR] as an intern. A spokesperson said, “The 17-year-old from Sandys is studying on the Associate of Arts [Business Administration] programme at Bermuda College and aspires to a career in the insurance industry. He studied for his International Baccalaureate... Read more of this article

Bermuda Reinsurers Support US Housing Market

Bermuda Reinsurers Support US Housing Market

More than half of US mortgage reinsurance is backed by Bermuda’s reinsurance market, according to new analysis by the Association of Bermuda Insurers & Reinsurers [ABIR]. A spokesperson said, “Bermuda-based global carriers are providing innovative mortgage solutions that are helping more and more Americans become homeowners. Reinsurance... Read more of this article

Bermuda CEOs To Be Featured At NAIC Forum

Bermuda CEOs To Be Featured At NAIC Forum

The U.S. National Association of Insurance Commissioners [NAIC] will hold its flagship international event, the NAIC International Insurance Forum, livestreamed on May 25-26, and Bermuda re/insurance leaders Marc Grandisson, Chief Executive Officer of Arch Capital Group Ltd. and Chair of ABIR along with Craig Swan, Deputy CEO of the Bermuda Monetary... Read more of this article

Column: Working Toward A Sustainable Future

Column: Working Toward A Sustainable Future

[Opinion column written by John Huff] As we celebrate Earth Day, it’s important to remember that every day is Earth Day in the re/insurance industry. Our industry plays a critical role in developing innovative adaptation solutions, in measuring and pricing climate risks to inform risk management, and in providing economic support to people and communities... Read more of this article

New ABIR Members: Conduit, Canopius, Mosaic

New ABIR Members: Conduit, Canopius, Mosaic

The Association of Bermuda Insurers and Reinsurers [ABIR] announced that Conduit Reinsurance, Canopius Reinsurance and Mosaic Insurance will be new members of ABIR, bringing their total membership to the largest in its 28-year history. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] announced new global market entrants... Read more of this article

ABIR Hold Tree Planting To Honour Michael Butt

ABIR Hold Tree Planting To Honour Michael Butt

The Association of Bermuda Insurers & Reinsurers [ABIR] held a ceremonial tree planting at Hamilton Ferry Terminal to honour past-ABIR Chair Michael Butt. A spokesperson said, “The Association of Bermuda Insurers & Reinsurers [ABIR] honored past-ABIR Chair Michael Butt OBE for five decades of service to Bermuda and the international re/insurance... Read more of this article

ABIR Donates Over 100 Books To Local Schools

ABIR Donates Over 100 Books To Local Schools

ABIR has donated more than 100 copies of Dr. Ibram X. Kendi’s book ‘How to be an Antiracist’ to 14 local public and private, middle and high schools, the Bermuda College and Bermuda public libraries. “The donation follows the ABIR-sponsored 2020 Dive-In Bermuda: How To Be An Anti-Racist: A Fireside Chat with AIG Bermuda’s Country... Read more of this article

ABIR Announces New Leadership Appointments

ABIR Announces New Leadership Appointments

The Association of Bermuda Insurers & Reinsurers [ABIR] today announced a slate of appointments of member company industry executives to lead committees and working groups. “ABIR has a deep bench of talented, re/insurance executives willing to lead on important regulatory, policy and international industry initiatives,” said ABIR Chair and... Read more of this article