7 December 2016News

ABIR elects new executives for two year term

The Association of Bermuda Insurers and Reinsurers (ABIR) has elected Kevin O’Donnell, president and CEO of RenaissanceRe Holdings, as chair for a two-year term, effective January 1, 2017.

O’Donnell replaces Stephen Catlin, executive deputy chairman of XL Catlin, who completes his two-year term at ABIR on December 31, 2016.

Brian Duperreault, chairman and CEO of Hamilton Insurance Group, was elected as ABIR's first deputy chair with Albert Benchimol, president and CEO of AXIS Capital Holdings, as second deputy chair.

Brad Kading, president and executive director of ABIR, said: “Stephen brought a tremendous depth of knowledge to this position and was instrumental in leading ABIR discussions with UK and EU political leaders.

“He helped the membership navigate successfully down the Solvency II equivalence path. The member are extremely grateful for his service.”