For immediate release
Contact: John Novaria, 310-857-8934, firstname.lastname@example.org
NEW YORK, April 13, 2021—The Association of Bermuda Insurers and Reinsurers (ABIR) has joined the Insurance Information Institute (Triple-I) as an Associate Member. ABIR is a group of more than 30 international insurance and reinsurance firms that do business in 150 countries and generate $109 billion in premium.
“Bermuda companies are a driving force in the insurance and reinsurance industries and the Triple-I is excited about the ABIR’s formal affiliation with our organization,” said Sean Kevelighan, CEO, Triple-I. “The Insurance Information Institute’s associate members gain access to the Triple-I’s respected insurance experts, state-of-the-art research capabilities, and extensive databases.”
Moreover, Triple-I associate members receive members-only quarterly industry economic and underwriting forecast reports and may reproduce Triple-I members-only editorial content for redistribution to management, employees, agents, and policyholders. They also are given a discounted registration fee for the annual Joint Industry Forum. Triple-I associate memberships are open to non-insurers such as brokers, agents, trade associations, consulting, and research firms.
“The insurance and reinsurance industries are built on trust and cooperation irrespective of physical borders and aligning with the Triple-I is an ideal way to foster even stronger relationships between Bermuda and the U.S.,” stated John M. Huff, ABIR President and CEO. “Our member companies are based in Bermuda but play a role in over a third of the global property and casualty insurance market. Bermuda insurers and reinsurers are providing the essential capital and talent needed to tackle emerging risks including climate and cyber.”