News & Updates

 

View the latest Member notices and regulatory updates through the Members' only area. 

BILTIR Members are required to set up a new account with a login and password in order to access the Members' only area.  Click on the Member Login button at the top of the Home Page and click "Register Now".  Enter all required information and submit.  You will receive a notification to confirm when your access has been activated.  Once a Members' account is activated,  they are able to register to receive email notifications whenever a new member or regulatory update is posted to the site. 

 

 

Global Atlantic inks $4.8B reinsurance deal (The Royal Gazette, July 14, 2021)

The Bermuda-based subsidiary of an American annuity, life insurance and reinsurance group has entered into a $4.8B reinsurance transaction.

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Cyana Burgess Earns $30K BILTIR Scholarship (Bernews, June 28, 2021)

BILTIR awarded a $30,000 scholarship to Cyana Burgess, with Ms Burgess set to continue studying Actuarial Science and Data Analytics at the University of Leicester in the UK.

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BILTIR celebrates 10 years of supporting Bermuda's long-term insurance and reinsurance industry (BILTIR press release, June 17, 2021)

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Eighteen Interns Take Part in BILTIR Programme (Bernews, June 16, 2021)

Eighteen young Bermudians have this week started learning about the long-term life and insurance sector in a two month internship programme organised by Bermuda International Long Term Insurers and Reinsurers (BILTIR). 

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Global tax system changes could impact island's reinsurers (The Royal Gazette, June 16, 2021)

A proposed shake-up of the global tax system has the potential to create big insurance industry issues.

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BMA unveils team specialising in climate change risk (Bermuda: Re+ILS, April 12, 2021)

The Bermuda Monetary Authority (BMA) has unveiled a new team specialising in the licensing and supervision of innovative business model proposals to address climate change risk and association protection gap.

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Why here, and why now? (Bermuda: Re+ILS, April 6, 2021)

Activity and interest in the life and annuity sector has been rising in Bermuda, with the number of factors on the supply and demand sides of the equation aligning to drive growth in the business.  Damian Cooper of PwC Bermuda outlines some of the factors driving this growth and explains why the island found itself at the heart of it.

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BILTIR Appoints Scott Selkirk to Board (Bernews, March 29, 2021)

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed Scott Selkirk to its Board of Directors.

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Bermuda for life (Bermuda: Re+ILS, March 23, 2021)

What was once a relatively small portion of Bermuda's re/insurance community has grown into a large and thriving life comunity.  As the stature of this sector has increased, so has that of BILTIR, the association that represents it.  Sylvia Oliveira, its chair, spoke to Bermuda: Re+ILS.

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Weldon to head life/reinsurance association (Royal Gazette, March 22, 2021)

Bermudian financial services industry veteran Shelby Weldon has been appointed executive director of the Bermuda International Long Term Insurers and Reinsurers.

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How the BMA supervises Bermuda's growing long-term life sector (Bermuda: Re+ILS, March 17, 2021)

The growth of the life re/insurance sector in Bermuda has been fuelled by the robust yet pragmatic regulatory environment created by the Bermuda Monetary Authority. Here, a spokesperson outlines its approach and future plans.

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Biltir hosts training to combat unconscious bias (Royal Gazette, January 29, 2021)

An insurance industry group has hosted a diversity and inclusion seminar for its members that was aimed to tackling unconscious bias in the workplace.

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BILTIR Roundtable - Long-Term Reinsurance "Emerging from the Shadows" (Bermuda Finance 2020/21)

Bermuda's long-term reinsurance sector has been growing steadily for a number of years and is rapidly becoming an important part of the jurisdiction's economy. With the help of Bermuda International Long Term Insurers and Reinsurers, the Island's leaders in this sector met virtually to debate the challenges and opportunities they forsee.

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New Beginnings at Hannover (Bermuda: Re+ILS, October 2020)

Chantal Cardinez has been at Hannover Re in Bermuda since 2008, taking over as chief executive of the life and health (L & H) business in 2015.  Since July 1 she has been chief executive for the whole Bermuda business, having succeeded Konrad Rentrup, who retired after spending nearly 20 years leading the business. 

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Bermuda International Life and Annuity Conference: Tackling risk head-on (Bermuda: Re+ILS, October 2020)

Re/insurers must stop shying away from risk - that was the stark message from Inga Beale, speaking at Bermuda International Long Term Insurers and Reinsurers' (BILTIR) International Life and Annuity Conference in September.

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Biltir companies donate $4m to community projects (Royal Gazette, November 5, 2020)

More than $4 million has been donated to deserving projects across the communinity during the past year by companies that are members of the Bermuda International Long Term Insurers and Reinsurers. 

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