cNews & Updates

 

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Premier meets with long-term insurers (Royal Gazette February 8, 2019)

David Burt met with leaders of the Bermuda International Long Term Insurers and Reinsurers at Camden on Wednesday... 

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(Re)Insurance Registrations on the Rise:  Bermuda Monetary Authority (January 28, 2019)

The Bermuda Monetary (BMA) recorded a year-on-year increase in new (re)inurance registrations, from 58 in 2017 to 75 in 2018. ..."We have seen growth in the long-term (re)insurasnce space", Mr. Swan said.  "The BMA registered 15 new long-term (re)insurers in 2018, compared to six registered in 2017."...

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Raising Profile of Life & Annuity Insurance Sector (Bernews January 21, 2019)

The Bermuda Business Development Agency (BDA) is partnering with the island's fast-growing life and annuity re/inurance sector to promote a strong presence at the industry's largest US conference this spring. 

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The drivers behind Bermuda's thriving life re/insurance business (InsuranceERM December 4, 2018)

Life re/insurance business from the US and Europe is being increasingly consolidiated in Bermuda.  In part one of this InsuranceERM / Aviva Investors roundtable, participants explain the drivers behind the growth, what makes Bermuda an attractive jurisdicition and the sources of capital for the sector. 

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Life Reinsurance in Bermuda: A Closer Look at Drivers Behind this Rapidly Growing Sector (SOA Reinsurance Sector: Reinsurance News, November 2018, page 18)

Bermuda is already a well-known and well-respected global hub for insurance capacity.  Although this market has traditionally focused on general insurance risks, life insurance and reinsurance has been on of the fastest growing sectors in recent years. 

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Bilitr recruits Klein as senior advisor (Royal Gazette September 19, 2018)

The body that represents Bermuda's international life insurers and reinsurers has hired Ronnie Klein as senior advisor.  Members and directors of the Bermuda International Long Term Insurers and Reinsurers decided that with the steady growth of the sector, "the association had to retain a senior level manager to ensure Biltir's strategic goals continue to be met". 

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300 Attendees Expected at BILTIR Conference  (Bernews September 18, 2018)

On Thursday, September 27, 2018, insurance executives from around the world will come to Bermuda for the fifth annual Bermuda International Life and Annuity Conference, hosted by the industry's association of companies known as the Bermuda International Long Term Insurers and Reinsurers (BILTIR). 

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