BILTIR hosts record Bermuda life & annuity conference
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has wrapped up its 13th annual Bermuda International Life & Annuity Conference, drawing a record crowd of more than 500 delegates from 17 countries to the Hamilton Princess Hotel. Nearly half of the participants travelled from overseas, underscoring the event’s growing global reach as the island’s only dedicated long-term (re)insurance forum.
This year marked the first time the conference expanded to two days, featuring panels, keynote speeches, and networking sessions on industry resilience, innovation and global collaboration.
The Hon. E. David Burt, JP, MP, noted: “Bermuda’s long-term sector continues to expand on the strength of our leading regulatory
framework. This strong regulation attracts quality companies that are helping to solve global pension gap challenges. Our focus is on growth that benefits both our economy and our people, supported by international partnerships. I thank BILTIR for their commitment; together, we will ensure that Bermuda remains the best jurisdiction to operate in for a long-term insurer.”
BILTIR board chair Natasha Scotland Courcy added: “The growing demand for insights and networking at our conference confirms Bermuda’s role at the centre of the global re/insurance sector.”
Speakers included senior regulators and industry leaders, alongside technologist Maurice Conti, who delivered a keynote on artificial intelligence in life insurance. Sessions addressed Bermuda’s economic role, reinsurance’s stabilising effect on global risk, the rising importance of private credit, and strategies to strengthen retirement and insurance guarantees.
Coinciding with the event, the Bermuda Monetary Authority (BMA) released stress test results showing that Bermuda’s long-term (re)insurers maintain sufficient capital to withstand severe market shocks. The BMA also reported that the sector incurred $549 billion in global claims costs from 2016–2024, underscoring the industry’s scale and resilience.
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