Hashtag: #ABIR
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
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
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
[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
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
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 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
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
ABIR Holds Biennial Election Of Officers
The Association of Bermuda Insurers and Reinsurers [ABIR] has announced its biennial election of officers for 2021-2022, with the newly elected officers including Marc Grandisson, Pina Albo, and Christopher Schaper. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers has announced its biennial election of officers for 2021-2022. “New... Read more of this article
Aeolus, Ariel Re & Fortitude Re To Join ABIR
The Association of Bermuda Insurers and Reinsurers [ABIR] announced that international re/insurance industry leaders Aeolus Capital Management, Ariel Re and Fortitude Re will join ABIR for 2021. “I am pleased to welcome Bermuda international risk transfer leaders Aeolus, Ariel Re and Fortitude Re to ABIR,” said Albert Benchimol, President &... Read more of this article
ABIR: ‘Recruit The Next Generation In Bermuda’
The Association of Bermuda Insurers & Reinsurers [ABIR] announced a new partnership with Bermuda College and New York’s St. John’s University to “recruit the next generation of re/insurance leaders in Bermuda.” A spokesperson said, “The Association of Bermuda Insurers & Reinsurers [ABIR] today announced a new strategic... Read more of this article
ABIR To Host Virtual Seaside Chat On Oct 20
The Association of Bermuda Insurers and Reinsurers [ABIR] will host a Virtual Seaside Chat on Tuesday, October 20. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] will host a Virtual Seaside Chat with the International Association of Insurance Supervisors [IAIS] Secretary General Jonathan Dixon. ABIR extends an invitation... Read more of this article
ABIR Members Contribute $830M To Economy
[Updated] The Association of Bermuda Insurers and Reinsurers [ABIR] today released the results of its 15th annual ABIR Bermuda Economic Substance Survey, “detailing significant contributions to the Bermuda economy and workforce.” A spokesperson said, “Highlights from the report, which tracks 2019 calendar-year data, include: ABIR... Read more of this article
ABIR Taskforce To Support Commissioner
The Association of Bermuda Insurers and Reinsurers [ABIR] has today announced the formation of the new ABIR Data and Privacy Taskforce [ADAPT] to help ensure Bermuda meets international requirements regarding the use of personal data. The taskforce, chaired by Jim Paugh, General Counsel of Chubb Bermuda Insurance Ltd., will work directly with Bermuda’s... Read more of this article
ABIR CEO Featured On International Expert Panel
Association of Bermuda Insurers & Reinsurers [ABIR] CEO John Huff joined a group of international experts to discuss future pandemic risk. The event was organized through the International Association of Insurance Supervisor [IAIS] through their implementation partner, Access to Insurance Initiative [A2ii] and their pandemic risk series. Mr Huff... Read more of this article
“$3.1 Million Of Support For Bermuda Charities”
The Association of Bermuda Insurers & Reinsurers [ABIR] member companies teamed up to support Bermuda local charities during the global pandemic, saying that a “summary of ABIR member giving during the first six months of 2020 outlines $3.1 million of support for Bermuda charities.” “ABIR member companies are ensuring that COVID-19-focused... Read more of this article
