Hamilton CEO and Association of Bermuda Insurers and Reinsurers (ABIR) Chair Pina Albo was featured in the 2024/25 Bermuda Business Review with an article on "Advancing Risk Protection Expertise". The article focuses on the evolution of the Bermuda market and how it continues to innovate. Pina said: " The sustainability of the Bermuda market depends on its ability to provide solutions to the world’s evolving risk challenges. Indeed, ABIR member companies pride themselves on supporting global economies across 150 jurisdictions, in good times and bad." Read more here: https://lnkd.in/ez2Zrhm3 #Bermuda #WorldsRiskCapital #insurance #reinsurance #expertise
Association of Bermuda Insurers and Reinsurers (ABIR)
Insurance
Public Policy, Advocacy & Education for Bermuda's Leading International Insurers & Reinsurers for over 30 years
About us
The Association of Bermuda Insurers and Reinsurers (ABIR) represents the public policy interests of Bermuda’s international insurers and reinsurers that protect consumers around the world. With headquarters and operations in Bermuda and operating subsidiaries in the United States, United Kingdom and Europe, these carriers do business in more than 150 countries. Since 1993, ABIR’s advocacy and achievements have helped raise the global profile of Bermuda as a whole, underscoring the jurisdiction’s reputation as a top-tier international financial centre. Strategically deploying capital to underwrite and manage global risk for over 30 years, Bermuda insurers have built what can only be called the World’s Risk Capital - a reference to the innovation, entrepreneurialism and leadership of Bermuda re/insurers and the Bermuda government that has fostered the growth of this industry. Energized by innovation and fueled by grit and determination after Hurricane Andrew, risk pioneers in Bermuda planted the seeds for an insurance market that would ultimately be known globally for its reliable, responsible, highly-regulated and well-resourced approach to risk management. These pioneers joined forces as a collective voice by forming the ABIR. The results have been remarkable. ABIR member companies have built a market with international dominance in natural disaster coverage—the most basic insurance needs for consumers—and innovative approaches to provide re/insurance protection for nearly every other defined risk. In a relatively short period and with unparalleled scale, Bermuda’s insurers and reinsurers have supported US, UK and EU consumers with over a half a trillion dollars to rebuild after devastating losses in the past 20 years alone. Bermuda has continued to show it is the place to deploy capital against risk in a manner that is effective and efficient with speed-to-market motivation and innovation while meeting the future needs for next-generation risk transfer.
- Website
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http://abir.bm
External link for Association of Bermuda Insurers and Reinsurers (ABIR)
- Industry
- Insurance
- Company size
- 2-10 employees
- Headquarters
- Hamilton
- Type
- Privately Held
- Founded
- 1993
Locations
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Primary
One Bermudiana Road
Hamilton, HM08, BM
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1445 New York Ave Nw
Washington, DC 20005, US
Employees at Association of Bermuda Insurers and Reinsurers (ABIR)
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Jeff Manson
SVP @ Renaissance Re Ltd. | Head of Global Public Sector Partnership
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Devin Page
SVP, Head of Specialty Reinsurance at Ascot Bermuda
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Malakye Outerbridge
Intern at the Association of Bermuda Insurers and Reinsurers (ABIR) Bsc Management of International Social Challenges at Erasmus University Rotterdam
Updates
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ABIR runs a professional development program during the summer for the interns working at its member companies. The program involves various workshops, seminars and networking events. Shantori Fox shares her experience as an intern in the program and how it has helped her transition to becoming a young professional. Shantori began her journey in the industry as a summer intern for Hamilton and now works full-time as a claims administrator. For more on education and training opportunities visit: https://lnkd.in/g6VHiDtH #Bermuda #reinsurance #insurance #nextgeneration
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ABIR CEO John Huff said: " One of Bermuda’s unique strengths as a risk market is the ability to gather in one room the most influential players, including government, the regulator and the private sector, to look ahead to what needs to happen next for the insurance industry to continue meeting its purpose. " John was featured in the 2024/25 Bermuda Business Review with an article on "Meeting Rising Demand", discussing how and why Bermuda is uniquely positioned to satisfy the growing global demand for protection. Read more here: https://lnkd.in/ez2Zrhm3 #Bermuda #WorldsRiskCapital #insurance #reinsurance #demand
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ABIR offices will be closed on August 1st & 2nd in observance of Cupmatch in Bermuda. The Cupmatch holiday weekend commemorates the abolition of slavery on the island. Bermuda's Emancipation Day is recognised on August 1st, and Mary Prince's legacy as an abolitionist and national hero is celebrated on August 2nd . Enjoy the long weekend! #Bermuda #holiday #heritage
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ABIR was pleased to have Lloyd's of London Regional Director & President, Americas Hank Watkins deliver an "Intro to Lloyd's" session for the ABIR #BermudaSummerInterns. Watkins walked the interns through the Lloyd's market's history, structure and operations. CEO John Huff joined the discussion to explore the collaborative relationship between the Bermuda and Lloyd's markets. Huff said: "The symbiotic relationship between Lloyd’s and the Bermuda market has never been more important to tackle the risk challenges of economies around the world." ABIR supports the Bermuda Monetary Authority and Lloyd's joint effort to improve re/insurance education access in the Bermuda and Lloyd's markets. Read more here about Lloyd's collaboration with the BMA and ABIR: https://lnkd.in/eF3HshHD
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This week the ABIR #BermudaSummerInterns helped the Bermuda Zoological Society to clear and prepare a site at the Bermuda College for the development of a microforest. The BZS MicroForest project involves clearing invasive species at various sites around the island and replanting the areas with endemic plants. The site will serve as an outdoor classroom for students enrolled in horticulture and science programs. A big thank you to Nicholas Coelho for teaching the interns all about microforests, plant identification and why replanting endemic species is so important. As global leaders in providing natural catastrophe and climate risk #reinsurance capital and capacity, ABIR member companies continue to support local community initiatives which serve to protect our natural environment and create a sustainable future. #Bermuda #sustainability #insurance #reinsurance
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Meet Malini Romeo! Malini is an Assistant Underwriter at Ascot Group and has worked in the industry for 2 years. She shares how mentors from ABIR member companies were crucial in her transition from an intern to a young professional. Follow ABIR on Instagram for more content on education and training opportunities: https://lnkd.in/eUubzJbN #Bermuda #insurance #reinsurance #talent #nextgeneration
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Arch Capital Group Ltd. CEO Marc Grandisson welcomed the ABIR #BermudaSummerInterns to Arch Insurance Group Inc. for the second session of the Career Roundtable series. The interns sat down with young re/insurance professionals, 3-5 years into their careers, to discuss intro-level jobs and the #insurance #reinsurance opportunities available. Thank you to the young professionals who participated in the session and shared their experiences with the interns! Isabella Boonstra Z'Chai Jennings Starr Rogers Jude Moseley #Bermuda #insurance #reinsurance #networking
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Executives from ABIR member companies met with visiting National Association of Insurance Commissioners (NAIC) leaders Andrew Mais, NAIC President and Connecticut Insurance Department Commissioner; Jonathan Godfread, NAIC President-Elect and North Dakota Insurance Department Commissioner; and Eric Dunning, NAIC International Insurance Relations (G) Committee Chair and Nebraska's Insurance Department Director. The leadership dialogue covered market topics including #climate risk, #cyber #risk, #specialty #insurance #reinsurance and #Bermuda market capacity. Read more here: https://lnkd.in/eq83i3GZ #Bermuda #US #market #leadership #dialogue
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Dr Crystal Clay, Ph.D. Clay coached the #BermudaSummerInterns on social media and personal brand in a LinkedIn workshop this week. Interns participated in a hands-on session where they updated and worked on their profiles to be more visible on LinkedIn for internships and entry-level positions. Dr Clay is a DEI & Leadership specialist, executive coach and the founder of Olive Branch Consulting Ltd. Thank you to Chubb for hosting the workshop! #ABIRSummerInterns #talentpipeline #nextgeneration #insurance #reinsurance