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ABIR To Participate In IFTRIP Annual Conference

ABIR To Participate In IFTRIP Annual Conference

The Association of Bermuda Insurers and Reinsurers [ABIR] will participate in the International Forum of Terrorism Risk Pools [IFTRIP] Annual Conference next month. A spokesperson said, “Themed ‘ReCODE’, the event will stream virtually on May 10, and will bring together thought leaders from international terrorism reinsurance pools, re/insurers,... Read more of this article

ABIR ‘Strongly Oppose’ S&P Proposal

ABIR ‘Strongly Oppose’ S&P Proposal

The Association of Bermuda Insurers and Reinsurers [ABIR] said they are “strongly opposing a proposal by Standard & Poor’s Global Ratings to disallow senior debt as a form of available capital,” calling the draft plan “disruptive” and an “overuse of market power.” ABIR’s technical response on numerous fronts is detailed... Read more of this article

ABIR Sponsors Students To Attend Risk Summit

ABIR Sponsors Students To Attend Risk Summit

The Association of Bermuda Insurers and Reinsurers [ABIR] has sponsored three Bermuda College students to attend the Bermuda Risk Summit. A spokesperson said, “Isaiah Cabral, Michae Skinner and Rickai Burrows are all enrolled in ‘Special Topics in Insurance: Foundations of Bermuda’s International Re/Insurance Sector’, a course being offered... Read more of this article

ABIR Welcomes Aon As New Member

ABIR Welcomes Aon As New Member

The Association of Bermuda Insurers and Reinsurers [ABIR] has welcomed Aon — one of the world’s largest insurance and reinsurance brokers — as a new member. A spokesperson said, “Aon has had a significant presence in the Bermuda market for more than 50 years, having launched captive and insurance management operations on the island... Read more of this article

ABIR Contribute $8.5B To Economy Over Decade

ABIR Contribute $8.5B To Economy Over Decade

Members of the Association of Bermuda Insurers and Reinsurers [ABIR] ”contributed $8.5 billion to the Bermudian economy over the decade ended 2020, according to a tally of annual member survey results,” the organisation said. A spokesperson said, “Data reported over the period from 2011 to 2020 show that the group’s aggregate economic... Read more of this article

Over 160 People Register For Insurance Course

Over 160 People Register For Insurance Course

The Association of Bermuda Insurers and Reinsurers [ABIR] announced today that more than 160 people have registered so far for the foundational insurance course offered by the partnership with Bermuda College and New York’s St. John’s University. A spokesperson said, “The second year of the online course launches Monday evening, January 17,... Read more of this article

ABIR, Bermuda College & St. John’s Course

ABIR, Bermuda College & St. John’s Course

The Association of Bermuda Insurers and Reinsurers [ABIR] announced that the foundational insurance course offered earlier this year in partnership with Bermuda College and New York’s St. John’s University, will be offered for a second year in the Spring of 2022. John Huff, President and Chief Executive Officer of ABIR, said: “ABIR member companies... Read more of this article

ABIR Appoints Lynesha Lightbourne

ABIR Appoints Lynesha Lightbourne

The Association of Bermuda Insurers and Reinsurers [ABIR] announced the appointment of Lynesha Lightbourne as Assistant Director of Public Policy and Government Relations. A spokesperson said, “Ms Lightbourne arrives with 18 years of business development, financial services, and high net worth client service experience, and joins ABIR from the... Read more of this article

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