Business Details
33 Years
experience
Emergency
services
Global Insurance and Reinsurance Advocates in Bermuda
The Association Of Bermuda Insurers & Reinsurers (ABIR) has been a global leader in insurance and reinsurance advocacy since 1993. Our members protect consumers in over 150 countries while driving Bermuda's economic growth through $1 billion+ annual contributions. We specialize in catastrophe risk management, having paid over $250 billion in claims over 20 years, and maintain a robust talent pipeline through 100+ annual internships. Our team combines 30+ years of industry expertise with innovative approaches to climate risk and disaster recovery. We work closely with international regulators and partners to ensure market stability and affordable insurance solutions.Our commitment to transparency and corporate responsibility is demonstrated through environmental stewardship initiatives and LEED-certified operations. With headquarters in Hamilton and subsidiaries across major markets, we provide unparalleled access to global risk capital. Our advocacy efforts have shaped insurance policy frameworks in the US, EU, and beyond, while maintaining Bermuda's status as the World's Risk Capital. We collaborate with academic institutions to advance insurance education and workforce development. Our members adhere to the highest regulatory standards, including Solvency II Equivalence and NAIC Qualified Jurisdiction status.
Services
Reinsurance
Catastrophe Coverage
Risk Management
Policy Advocacy
Market Regulation
Disaster Recovery
Talent Development
Climate Risk Analysis
Corporate Governance
International Tax Compliance
Details
- Year established: 1993
Highlights and features
- Operate in 150+ countries with $10 billion+ in annual claims payouts
- Largest private sector internship provider in Bermuda
- Maintain Solvency II Equivalence and NAIC Qualified Jurisdiction status
- Pioneers in catastrophe risk modeling and climate change adaptation
- Drive $1 billion+ annual economic contributions to Bermuda
Services
Reinsurance
ABIR members provide global reinsurance solutions that stabilize insurance markets and reduce consumer costs. Our members maintain $10 billion+ annual claims capacity for natural disasters and complex risks. We facilitate cross-border risk pooling to diversify exposures and enhance market resilience.
Catastrophe Coverage
Specializing in catastrophe reinsurance, we've paid over $250 billion in claims over 20 years. Our members cover hurricane, earthquake, and wildfire risks globally, including $10 billion for 2025 California wildfires. We develop innovative risk transfer products for emerging climate threats.
Policy Advocacy
We shape insurance policy frameworks through advocacy at global regulatory bodies. Our efforts secured Bermuda's Solvency II Equivalence and NAIC Qualified Jurisdiction status. We promote market competition by removing regulatory barriers to cross-border trade.
Talent Development
Our internship programs place 100+ Bermudian students annually with leading reinsurers. We sponsor free insurance courses through Bermuda College and St. John's University. Our graduate training programs develop future industry leaders in risk management and actuarial science.
Climate Risk Analysis
We lead climate risk research through partnerships with BIOS and the Insurance Development Forum. Our members invest in hazard mitigation strategies and sustainable building practices. We develop insurance solutions for climate-vulnerable regions through public-private partnerships.
People
John M. Huff
President and CEO
Insurance industry veteran with 30+ years experience, former Missouri Insurance Director, NAIC President, and FSOC member. Leads ABIR's global policy initiatives and regulatory advocacy efforts.
Collin Anderson
Director of Policy & Regulation
Former Bermuda Monetary Authority regulator with 23 years industry experience. Oversees ABIR's public policy agenda and serves as corporate secretary. Expert in international insurance regulation and tax policy.
Questions
What is ABIR's primary function?
We represent Bermuda's international insurers and reinsurers in policy advocacy, regulatory affairs, and talent development to maintain Bermuda's position as the World's Risk Capital.
How does ABIR support disaster recovery?
Our members provide billions in catastrophe coverage annually, including $10 billion for 2025 California wildfires, helping communities rebuild after natural disasters globally.
What economic impact does ABIR have?
Member companies contribute over $1 billion annually to Bermuda's economy and pay 25% of UK terrorism reinsurance through Pool Re.
How does ABIR develop industry talent?
We offer 100+ annual internships, sponsor free insurance courses at Bermuda College, and partner with St. John's University for professional development programs.
What regulatory achievements has ABIR accomplished?
Secured Bermuda's Solvency II Equivalence, NAIC Qualified Jurisdiction status, and implemented corporate income tax compliance frameworks for global insurers.
