The Bermuda International Long-Term Insurers and Reinsurers organisation has gifted 750 copies of a book to all P4 students in 27 schools across the island.

The gift is part of the tenth-anniversary celebration for Biltir, which represents 63 long-term insurance, reinsurance and servicing companies in Bermuda who provide life and annuity products and employ more than 600 people on the island.

The book — The Magic School Bus Takes a Risk — was provided to students to introduce the concepts of probability, risk and actuaries.

Biltir said the book was written in collaboration with the American Academy of Actuaries.

The book distribution was launched through a live virtual event hosted by Planet Math, a Bermudian-based tutoring service set up in 2016 to help school students to improve their mathematical skills.

Bermuda’s P4 students were invited to join a Zoom presentation on Tuesday.

Biltir said the presentation included two catchy custom-written probability songs and videos.

Download PDF File

BILTIR presents books to 27 schools as part of its 10th anniversary celebration.pdf

Two math superheroes, Math Man and Division Diva, played a coin-flipping game with students so they could experience probability first-hand, Biltir said.

They were joined by Taiyana Allen, the recipient of a $30,000 Biltir scholarship to study data analytics and actuarial science at Georgia State University.

Biltir said Ms Allen, an actuarial analyst at Wilton Re, explained the role actuaries play in assessing probability in the life reinsurance industries in Bermuda.

She told the students that there was a “huge need” for actuaries in Bermuda.

The superheroes then shared their favourite part of the Magic School Bus book.