Reinsurance News

BILTIR

Bermuda’s long-term re/insurance sector assets reaches $667 billion: BILTIR

29th November 2021

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has released a report which shows the widespread economic and social benefits which the organisation brings to Bermuda. The report shows that the Bermuda life re/insurance sector companies hold $667 billion of assets under management. BILTIR member companies contribute $500 million in direct and ... Read the full article

BILTIR board member Natasha Scotland Courcy appointed new Vice-Chair

24th September 2021

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced the transition of Board member Natasha Scotland Courcy to serve as its new Vice-Chair, as well as the arrival of Andrew Sooboodoo. The appointments were confirmed at BILTIR’s annual 2021 Bermuda International Life and Annuity Conference. Scotland Courcy, who is Senior Vice-President, ... Read the full article

Shelby Weldon joins BILTIR as Exec Director

23rd March 2021

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced the appointment of veteran financial services professional Shelby Weldon as Executive Director. Weldon previously spent 15 years at the Bermuda Monetary Authority (BMA), where he served as Director of Compliance and Director of Licensing and Authorisations. He has also worked as Inspector ... Read the full article

BILTIR adds Kevin Hovi to board

13th October 2020

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced the appointment of Kevin Hovi to its board of directors. Hovi currently serves as president and Chief Financial Officer of Kuvare Life Re. Before that he was CFO at Longitude Re, as well as senior vice-president, senior portfolio manager at XL Catlin. Commenting ... Read the full article

BILTIR joins Global Federation of Insurance Associations

17th June 2020

The Bermuda International Long Term Insurers and Reinsurers (BILTIR) association has been accepted as a member of the Global Federation of Insurance Associations (GFIA). The 41 member associations that make up the GFIA unanimously accepted BILTIR as a member at the Federation's virtual General Assembly on June 3. Together these member associations ... Read the full article

International law firm Kennedys joins BILTIR association

28th May 2020

Global law firm Kennedys, which has a strategic focus on the insurance sector, has joined the Bermuda International Long Term Insurers and Reinsurers (BILTIR) association. The addition of Kennedys means that 62 companies have now joined the association, which represents Bermuda's insurance, reinsurance, and servicing firms who provide life and annuity ... Read the full article

Bermuda’s BILTIR sees 11% membership growth in 2019

24th December 2019

The Bermuda International Long Term Insurers and Reinsurers (BILTIR) association, which represents Bermuda's long-term insurance companies and reinsurance firms who provide life and annuity solutions, saw its membership grow by 11% in 2019. The number of companies joining BILTIR increased from 55 to 61 in 2019, and includes five reinsurers and ... Read the full article