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Climate Risk

Bermuda: World's Climate Risk Capital

 

For decades, Bermuda's unique re/insurance market has played a lead role in protecting the world against the devastating impact of catastrophic events. Time and again, the market has delivered to consumers whose lives have been upended. Follow how Bermuda is now becoming the World's Climate Risk Capital.

Supporting Consumers in Times of Catastrophe

When disaster strikes, the public face of recovery is often insurance companies. Backing up these companies are reinsurers.

Bermuda Internships

In 2022, ABIR member companies employed 91 interns demonstrating their commitment to investing in the training and development of a vibrant, local workforce in Bermuda.

Diversity, Equity and Inclusion

We believe promoting and supporting inclusiveness and embracing diversity is a business imperative, good for our industry and helps to make better businesses and better places to work. ABIR strongly supports and encourages diversity and inclusion at all levels of the insurance industry.

About ABIR

With headquarters and operations in Bermuda and with operating subsidiaries in the United States and Europe, ABIR members protect consumers in more than 150 countries around the world.

International Business is Everyone's Business

ABIR and its members are committed to building Bermuda's talent pipeline.

Supporting Consumers in Times of Catastrophe

The Association of Bermuda Insurers and Reinsurers (ABIR) represents the public policy interests of international insurers and reinsurers that protect consumers around the world.

Latest Updates

ABIR to sponsor free insurance course for fifth year

Partnership with Bermuda College and St. John’s University continues

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ABIR appoints Collin Anderson to senior role

New Director of Policy and Regulation brings 23 years’ experience in public and private sectors

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ABIR Hosts Year End Celebration of Leadership Reception

ABIR pays tribute to Her Excellency, Bermuda Governor Rena Lalgie, Newly Appointed Bermuda Attorney General Kim Wilkerson, and Hamilton CEO Pina Albo, completing her term as ABIR’s first woman chair.

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ABIR To Sponsor Free Insurance Course For Fifth Year

Partnership with Bermuda College and St. John’s University continues.

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ABIR CY 2023 Global Underwriting Results

Bermuda’s leading re/insurers post strong growth with record $171 billion of GWP

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2024-25 Bermuda Business Review

ABIR Chair Pina Albo and CEO John Huff featured in the 2024-25 Bermuda Business Review 

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ABIR holds leadership dialogue with NAIC commissioners

Executives from Bermuda’s leading re/insurers discuss market trends with US regulators

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ABIR welcomes Bermudian interns

Bermudian students embrace the opportunity to taste hands-on re/insurance industry experience.

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Bermuda College Foundation and ABIR announce Michael Butt scholarship recipients

Three students' first year at Bermuda College was funded by scholarships, donated in memory of Michael Butt.

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ABIR members to host 108 paid summer interns

Leading re/insurers offer record number of work experience opportunities to Bermudian students

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ABIR appoints Collin Anderson to senior role

New Director of Policy and Regulation brings 23 years’ experience in public and private sectors

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Quick FAQ

Bermuda’s reinsurers provided 35% of terrorism reinsurance capacity to UK’s Pool Re in 2020.