Reinsurance News
BILTIR
Somerset Re CEO Danish Iqbal joins BILTIR’s Board of Directors
14th November 2025
Somerset Re CEO, Danish Iqbal, has been appointed to the Bermuda Long Term Insurers and Reinsurers (BILTIR) Board of Directors, effective November 1, 2025. Iqbal, who recently returned to Somerset Re, has held a variety of senior roles in the life re/insurance industry, working on pricing, valuation, risk, and ALM. Before ... Read the full article
Insurers backed by private capital & strong regulation key to retirement solutions: BILTIR’s Courcy
14th October 2025
Resilient insurers, powered by innovative, long-dated private capital, and operating under strong globally recognised regulatory regimes, are the solution to an ageing population with longer lifespans and shrinking public safety nets, Chairman Natasha Scotland Courcy stated at the BILTIR Bermuda conference. Speaking at the 2025 BILTIR International Life & Annuity conference, ... Read the full article
BILTIR & ABI sign MoU to boost global reinsurance industry
17th June 2025
Bermuda International Long Term Insurers and Reinsurers (BILTIR) and the Association of British Insurers (ABI) have signed a Memorandum of Understanding (MoU) to enhance collaboration by sharing information and insights on critical industry issues. Under the agreement, which was signed at a Life and Annuity Reinsurance Forum in London, BILTIR and ... Read the full article
Bermuda’s long-term insurance sector maintains stability amid systemic risk concerns: BILTIR
13th June 2025
A recent independent report commissioned by Bermuda International Long Term Insurers and Reinsurers (BILTIR)—an association representing Bermuda-based long-term re/insurance companies—and conducted by Oliver Wyman, a global management consulting firm, has affirmed that Bermuda’s long-term re/insurance industry acts as a source of stability rather than risk within the global financial system. The ... Read the full article
Solvency, reserving and risk management are key focuses for Bermudian life insurers in 2025: BILTIR CEO
24th January 2025
Suzanne Williams-Charles, Chief Executive Officer (CEO) of Bermuda International Long Term Insurers and Reinsurers (BILTIR), has stated that key expectations for 2025 across Bermuda is for long term insurers, specifically, to continue to maintain strong solvency, have strong reserving, as well as having a key focus on risk management on ... Read the full article
As the BMA tightens regulations, Bermuda continues to attract global re/insurers: BILTIR
15th July 2024
Bermuda has successfully continued to attract global re/insurers as the Bermuda Monetary Authority (BMA) continues to introduce significant new requirements to regulate the market in its jurisdiction, a move that has had a very significant financial impact on the island's life and long-term sector, according to BILTIR’s CEO Suzanne Williams-Charles. In ... Read the full article
BILTIR report analyses Bermuda’s long-term insurance market status
14th June 2024
The Bermuda International Long Term Insurers and Reinsurers (BILTIR), a trade association with over 70 member (re)insurance companies and service providers, has published a report examining the history and present condition of Bermuda's long-term insurance sector. The report, "Building for the Long Term: Examining the History, Future, and Importance of Bermuda’s ... Read the full article
BILTIR names Suzanne Williams-Charles as CEO and David Altmaier as Exec Advisor
31st January 2024
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced significant leadership changes, appointing Suzanne Williams-Charles as Chief Executive Officer (CEO) and David Altmaier as Executive Advisor. Williams-Charles, set to join BILTIR in April, brings over 25 years of extensive experience in the insurance sector, with a notable focus on regulation. Her ... Read the full article
BILTIR endorses regulatory enhancements for Bermuda life re/insurers
27th February 2023
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced its support towards the proposed enhancements to the regulatory and supervisory regime for long-term commercial insurers, reinsurers and insurance groups on the island. Last week, February 24, the Bermuda Monetary Authority’s (BMA) issued its first consultation paper, which it said is ... Read the full article
BILTIR welcomes BMA decision on regimes for commercial insurers
15th December 2022
Bermuda International Long-Term Insurers and Reinsurers (BILTIR) has welcomed the decision of the Bermuda Monetary Authority (BMA) to make targeted enhancements to regulatory and supervisory regimes for commercial insurers. In a notice to the market, the BMA said the enhancements mostly focus on the regulatory and supervisory frameworks for long-term (Life) ... Read the full article
BILTIR appoints new Exec Director & Advisor
8th November 2022
The Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed Christine Patton as Executive Director. At the same time, BILTIR has also appointed Curtis L. Dickinson as Executive Advisor. Patton will join BILTIR on November 21, 2022. Her executive and non-executive career in the international business sectors of Bermuda and Australia has spanned ... Read the full article
BILTIR elects new Chair & Vice-Chair
22nd September 2022
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has elected Natasha Scotland Courcy as Chair and John Hele as Vice-Chair. Natasha, who currently serves as Senior Vice-President, Chief Operating Officer and General Counsel at Athene Re, replaces Sylvia Oliveira, Chief Executive Officer of Wilton Re Bermuda, who was BILTIR’s first Chair. Moreover, ... Read the full article
BILTIR elects five new members to its Board of Directors
4th July 2022
Bermuda International Long Terms Insurers and Reinsurers (BILTIR) has increased the size of its Board of Directors from 10 to 15, with the appointments of five additional members. Joining BILTR’s Board are Amy Ellison, CEO of Legal & General Reinsurance (Bermuda), Manfred Maske, Group CEO and Board Member, Monument Re Group ... Read the full article
BILTIR appoints Ross to Board
5th April 2022
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed Hannah Ross to its Board of Directors. Ross currently serves as Chief Strategy and Capital Officer at multi-line insurance and financial services company – The Argus Group, where she leads a team covering group actuarial and risk, capital and finance, and ... Read the full article
Martello Re and SFG Bermuda join BILTIR
24th January 2022
Martello Re and SFG Bermuda have joined the Bermuda International Long-Term Insurers and Reinsurers (BILTIR). The two companies entering BILTIR will reportedly bump the association’s total number of members up to 64, up from the five it began with in 2011. Martin Laframboise, executive director of BILTIR said he was pleased to ... Read the full article
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