The Association of Bermuda Insurers and Reinsurers (ABIR) has welcomed Conduit Reinsurance, Canopius Reinsurance and Mosaic Insurance as its newest members.
Trevor Carvey, Conduit Re’s chief executive officer (CEO), has been appointed to its board, along with Charles Craigs and Mitch Blaser, the CEOs of Canopius Re Bermuda and Mosaic, respectively.
All three companies are from the Class of 2020-21, new re/insurance launches in Bermuda.
John Huff, ABIR’s CEO, said: “These new, international start-up companies will help build upon the important public policy, advocacy and education work ahead for 2021.”
He added: “Advancing the ABIR value proposition has never been more important as our member companies offer global, well-regulated re/insurance products, protection, and peace of mind to consumers and businesses in over 150 countries.”
Marc Grandisson, CEO of Arch Capital Group and chair of ABIR, said “Bermuda has shown its international strength once again in attracting insurance and reinsurance start-ups during this time of significant growth in our industry.”
ABIR, Conduit Reinsurance, Canopius Reinsurance, Mosaic Insurance, Trevor Carvey, Mitch Blaser, Charles Craigs, John Huff, Marc Grandisson