The Bermuda International Long Term Insurers and Reinsurers (BILTIR) kicked off its 12th annual Bermuda International Life and Annuity Conference today, drawing 450 global professionals from the (re)insurance industry.
BILTIR, a trade association with more than 70 (re)insurance companies and service providers, hosted the event, which focuses exclusively on the long-term insurance and reinsurance industry in Bermuda.
This year’s conference features prominent speakers, including Doris Kearns Goodwin, the presidential historian and Pulitzer Prize-winning author, who delivered the keynote address.
Other notable speakers include Petra Hielkema, chairperson of the European Insurance and Occupational Pensions Authority (EIOPA); Andy Mais, president of the National Association of Insurance Commissioners (NAIC); and Craig Swan, CEO of the Bermuda Monetary Authority (BMA), among other industry leaders.
Discussions throughout the day focus on global regulatory frameworks and the growth opportunities within the long-term insurance sector. Sessions cover topics such as the role of strong regulations, capital management, and expertise in the industry.
Panelists are expected to address why Japanese life insurers are increasingly seeking reinsurance opportunities in Bermuda, as well as how insurers are working to bridge the protection gap and optimize their asset and liability strategies.
In addition to the formal speaking sessions, the event provides networking opportunities for attendees, allowing industry peers to continue discussions sparked by the presentations.
Suzanne Williams-Charles (pictured above), CEO of BILTIR, highlighted Bermuda’s role in driving these discussions, stating that the island is a prime location to explore key industry trends.
“There’s a clear appetite for the industry to come together and create conversations around the future of the industry – in fact, we sold out this year’s event faster than ever before,” she said.
BILTIR represents the long-term insurers and reinsurers in Bermuda, advocating for the interests of its members. The organization’s membership includes over 70 businesses in the life insurance, annuity, and reinsurance sectors, as well as service providers, positioning Bermuda as a key player in the evolving global long-term insurance industry.
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