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Mark Cloutier Elected First Deputy Chair At ABIR

Mark Cloutier Elected First Deputy Chair At ABIR

The Association of Bermuda Insurers and Reinsurers [ABIR] announced that the Board has elected Mark Cloutier, Executive Chair and Group Chief Executive Officer at Aspen, as First Deputy Chair at ABIR. A spokesperson said, “Cloutier replaces Christopher Schaper, now American International Group’s Global Chief Underwriting Officer, who stepped... Read more of this article

Socio-Economic Impact Of International Business

Socio-Economic Impact Of International Business

An online course providing foundational knowledge of Bermuda’s global re/insurance industry will start next week, with registration open to everyone at no cost, courtesy of sponsorship by the Association of Bermuda Insurers and Reinsurers [ABIR]. A spokesperson said, “The Special Topics in Insurance programme, offered for a fourth year by ABIR... Read more of this article

‘Evolution Of Risk’ Is Theme Of 2024 Summit

‘Evolution Of Risk’ Is Theme Of 2024 Summit

The theme of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency, in partnership with the Association of Bermuda Insurers and Reinsurers [ABIR] and EY, will be Evolution of Risk. A spokesperson said, “Topics up for analysis during the Summit to be held at the Hamilton Princess & Beach Club from March 13-15, 2024,... Read more of this article

ABIR Sponsors Foundational Insurance Course

ABIR Sponsors Foundational Insurance Course

For the fourth successive year, the Association of Bermuda Insurers and Reinsurers [ABIR] will sponsor a foundational course providing students and the Bermudian public with free access to education about Bermuda’s re/insurance industry. A spokesperson said, “ABIR is once again partnering with Bermuda College and the Maurice R. Greenberg School... Read more of this article

ABIR Members Contribute $815M To Economy

ABIR Members Contribute $815M To Economy

Members of the Association of Bermuda Insurers and Reinsurers [ABIR] recorded a “total direct contribution of $815 million to the local economy from member companies in 2022 — representing an increase of 13% over 2021,” the organisation said. A spokesperson said, “ABIR members’ economic contributions in 2022 include salaries and... Read more of this article

ABIR & EY To Sponsor Bermuda Risk Summit

ABIR & EY To Sponsor Bermuda Risk Summit

The Association of Bermuda Insurers and Reinsurers [ABIR] and EY have reaffirmed their headline sponsorship commitments of the Bermuda Development Agency’s 2024 Bermuda Risk Summit. A spokesperson said, “Members of the public are encouraged to register soon for the event, taking place at Hamilton Princess & Beach Club from March 13-15, 2024... Read more of this article

ABIR Congratulates RenRre On Acquisition

ABIR Congratulates RenRre On Acquisition

The Association of Bermuda Insurers and Reinsurers [ABIR] said they “welcomed the news that RenaissanceRe Holdings Ltd. has successfully closed its acquisition of Validus Re and its subsidiaries from American International Group [AIG].” A spokesperson said, “ABIR member RenaissanceRe becomes the fifth-largest property and casualty... Read more of this article

ABIR Welcomes Andrew Mais & Gary Anderson

ABIR Welcomes Andrew Mais & Gary Anderson

The Association of Bermuda Insurers and Reinsurers [ABIR] hosted a special reception to welcome U.S. National Association of Insurance Commissioners [NAIC] President-Elect Andrew Mais and Massachusetts Division of Insurance Commissioner Gary Anderson to Bermuda. A spokesperson said, “The leaders were on island to present at this week’s InsuranceERM... Read more of this article

ABIR Celebrates 30th Anniversary At Forum

ABIR Celebrates 30th Anniversary At Forum

The Association of Bermuda International Insurers and Reinsurers [ABIR] celebrated 30 years of partnership and leadership at the ABIR@30 Lunch Forum. An audience of industry participants, regulators, representatives of supporting industries, politicians and dignitaries witnessed presentations from ABIR’s key partners “highlighting the Bermuda... Read more of this article

ABIR MOU With Association of British Insurers

ABIR MOU With Association of British Insurers

The Association of Bermuda Insurers and Reinsurers [ABIR] and the Association of British Insurers [ABI] have agreed to work together on matters of mutual interest detailed in a Memorandum of Understanding [MoU]. A spokesperson said, “The agreement will build on the working partnership that exists between the Bermuda and UK markets, two leading... Read more of this article

ABIR@30 Lunch Forum Speakers Announced

ABIR@30 Lunch Forum Speakers Announced

The Association of Bermuda Insurers and Reinsurers [ABIR] will celebrate three decades of leadership and partnership at the ABIR@30 Lunch Forum on Tuesday, September 26. A spokesperson said, “ABIR announces a special leadership panel will present including Lloyd’s of London Fiona Luck; ABIR Chair & Hamilton CEO Pina Albo; Axis Capital Albert... Read more of this article

ABIR Releases 2022 Global Underwriting Results

ABIR Releases 2022 Global Underwriting Results

Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] recorded a strong 13% year-over-year increase in premium written in 2022. A spokesperson said, “ABIR’s global underwriting report, released today, comprises data from 24 of 30 member re/insurers for the calendar year 2022. The group generated gross written premium... Read more of this article

ABIR Executives Meet With European Official

ABIR Executives Meet With European Official

The Association of Bermuda Insurers and Reinsurers [ABIR] Executives, CEO John M. Huff and Director of Policy and Regulation Suzanne Williams-Charles, along with ABIR’s European advisors, recently met with European Commissioner Director Martin Merlin in his Brussels’ offices at the European Commission. A spokesperson said, “The meeting was held... Read more of this article

ABIR Lunch Forum To Celebrate 30th Anniversary

ABIR Lunch Forum To Celebrate 30th Anniversary

The Association of Bermuda Insurers and Reinsurers [ABIR] will celebrate three decades of leadership and partnership at the ABIR@30 Lunch Forum on Tuesday, September 26. A spokesperson said, “The 30th anniversary event will welcome Bermuda dignitaries, international industry leaders and special guests, and anyone is welcome to register. Guest... Read more of this article

ABIR Members Host More Than 100 Paid Interns

ABIR Members Host More Than 100 Paid Interns

The Association of Bermuda Insurers and Reinsurers [ABIR] member companies are hosting 103 paid interns this summer, creating a record number of work experience opportunities for Bermudian students. A spokesperson said, “ABIR is also providing the interns with a series of networking, professional development and industry learning opportunities... Read more of this article

ABIR Welcomes Sakile Zuill And Cree Dunn

ABIR Welcomes Sakile Zuill And Cree Dunn

The Association of Bermuda Insurers and Reinsurers [ABIR] has welcomed Sakile Zuill and Cree Dunn as summer interns. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] has doubled up its summer internship program, welcoming two interns for the first time, with Sakile Zuill and Cree Dunn assisting ABIR’s Policy and... Read more of this article