The Association of Bermuda Insurers and Reinsurers highlighted 13 insurance and reinsurance executives assuming new leadership positions in 2025 and 2026, during a reception held at O'Hara House on Bermudiana Road.

Abir’s membership is the core of a group of Bermuda insurers and reinsurers who operate in 150 countries providing leadership in specialised coverages.

Abir estimates that Bermuda reinsurers represent about 36 per cent of the global reinsurance market, based on property/casualty net premiums earned.

Mark Cloutier, Abir chair and Aspen executive group chair, said: “Abir is proud to celebrate our member companies’ world-class leadership. Bermuda’s strength as a global (insurance and) reinsurance hub has always been anchored in the depth and quality of its talent. These newly appointed and promoted executives exemplify the expertise and vision that set Bermuda apart. We remain committed to fostering the talent that will guide our market forward.”

John Huff, chief executive of Abir, said: “Abir congratulates these outstanding leaders, as they take on new responsibilities at a time when the world’s need for protection is growing, and our industry’s role has never been more vital. They embody the innovative spirit and disciplined leadership that define Bermuda’s international [insurance and] reinsurance market, as Abir members continue to deliver strength, stability, and solutions for a rapidly changing risk landscape.”

Bermuda is an internationally recognised centre of global expertise on underwriting for catastrophe, climate, cyber, mortgage and credit risk transfer products, along with other specialty insurance and reinsurance.

Between 2016 and 2023, the Bermuda Market paid nearly $1 trillion in claims, helping narrow global protection gaps.