BILTIR Hosts Gathering of Long-Term Insurance Professionals
Bermuda International Long Term Insurers and Reinsurers (BILTIR), a leading trade association with over 70 (re)insurance companies and related service providers based in Bermuda, recently kicked off its annual conference. This event attracted around 450 professionals from the global (re)insurance community.
Highlights of the Bermuda Conference
This conference is unique as it’s the only one in the region focused specifically on long-term insurance and reinsurance. It showcased an impressive lineup of speakers, including Doris Kearns Goodwin, a renowned presidential historian and Pulitzer Prize-winning author, who gave the keynote address.
Notable Speakers and Sessions
Other distinguished speakers included 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). Each speaker brought a rich array of knowledge and insights to the event, enhancing the understanding of the long-term insurance landscape.
Key Discussion Topics
Sessions throughout the conference focused on various themes such as global regulatory frameworks and emerging opportunities within the long-term insurance industry. The panel discussions addressed vital topics, including the link between strong regulations, capital management, and industry expertise. Attendees explored why a growing number of Japanese life insurers are seeking reinsurance strategies from Bermuda, along with methods for narrowing protection gaps and optimizing asset and liability management.
Networking Prospects
The conference also presented valuable networking opportunities, allowing professionals to connect with one another and continue discussions sparked by the day’s events. These interactions are essential, as they build relationships that drive innovation and collaboration within the industry.
BILTIR's Vision Moving Forward
Suzanne Williams-Charles, CEO of BILTIR, shared that Bermuda is an ideal venue for discussing crucial trends and innovations in the industry. She noted, "As a leading jurisdiction for regulatory strength and growth, Bermuda is perfect for tackling timely issues that highlight the industry's innovative direction. This year's event sold out faster than ever, showcasing the industry's enthusiasm for engagement and collaboration on future initiatives."
Find Out More About the Conference
If you're interested in a detailed agenda for the conference, you can find all the information on the official webpage of the Bermuda International Life and Annuity Conference.
About BILTIR
Bermuda International Long Term Insurers and Reinsurers (BILTIR) serves to promote the interests of long-term insurers and reinsurers in Bermuda. With over 40 years of experience in providing insurance solutions, BILTIR is at the forefront of the dynamic long-term insurance sector. The association includes more than 70 member companies that specialize in annuities, life insurance, and reinsurance, facilitating advocacy to enhance the market and its members.
Frequently Asked Questions
What is BILTIR?
BILTIR stands for Bermuda International Long Term Insurers and Reinsurers, a trade association dedicated to the long-term insurance industry in Bermuda.
Who are some of the speakers at the conference?
The conference features a range of prominent speakers, including Doris Kearns Goodwin, Andy Mais, and Craig Swan.
What are the main topics discussed during the conference?
Key topics include global regulatory frameworks, reinsurance opportunities, and strategies for bridging protection gaps.
Is the conference open to international attendees?
Yes, the conference welcomes professionals from around the globe for engagement and networking.
Where can I find more information about BILTIR?
More information about BILTIR and its initiatives is available on their official website.
