About ABIR

The Association of Bermuda Insurers and Reinsurers (ABIR) represents the public policy interests of Bermuda’s international insurers and reinsurers that protect consumers around the world. With headquarters and operations in Bermuda and with operating subsidiaries in the United States and Europe, these carriers do business in more than 150 countries.

What is reinsurance?

When disaster strikes, the public face of recovery is often insurance companies. Backing up these companies are reinsurers.

Like their customers, insurance companies buy insurance to manage their risk. To keep prices competitive, protect their capital, expand their coverage capacity, and keep the market stable, insurance companies share their risk with reinsurance companies. Reinsurance works to keep your insurance premiums low by allowing more insurers to compete in markets. By absorbing disaster risk around the world, reinsurers spread and diversify risk so that insurers don’t become over exposed. This means consumers get more insurance choices at lower prices, all thanks to reinsurers.

Our Members

ABIR’s members employ nearly 35,000 people around the globe including more than 16,000 employees in the US, nearly 1,600 employees in Bermuda, and more than 8,600 in Europe. Members include the following:

Our Staff

Bradley L. Kading

Senior Advisor

Bradley L. Kading is Senior Advisor of the Association of Bermuda Insurers and Reinsurers (ABIR). ABIR is an association of Bermuda’s market leading Class 4 insurers and reinsurers. In 2014 the international insurance groups in ABIR’s membership collectively wrote $74 billion in premium on a capital base of $99 billion. Kading directs ABIR’s public policy activities around the world, including working with members of the United States Congress, the European Parliament, the European Commission, and the Executive branches of government in Bermuda and the United States. He has made numerous presentations in various jurisdictions to educate regulators, policymakers, and stakeholders about the regulation applied to Bermuda’s major international insurers and reinsurers and the important role they play in the global economy. He regularly engages in dialogue with insurance regulators and policymakers around the world and is frequently quoted in insurance industry trade magazines. He’s the author of articles published in the Journal of Insurance Regulation, Insurance Day, Best’s Review and in the Geneva Association Papers on Risk and Insurance.

Kading has spoken frequently at policy-maker and industry forums including: the International Association of Insurance Supervisors (IAIS), the National Association of Insurance Commissioners, the Geneva Association, the Risk and Insurance Management Society, the National Conference of Insurance Legislators, the National Conference of State Legislatures, the Property Casualty Insurers Association of America, the Reinsurance Association of America (RAA), the American Legislative Exchange Council, the National Association of Mutual Insurance Companies, the Chartered Property and Casualty Underwriters Society, the European Insurance Forum in Dublin, the World Insurance Forum, the Reactions’ and CEBRI Brazil Reinsurance Conferences, the International Insurance Society, the Casualty Actuarial Society and other conferences on insurance securitizations, regulation, hazard mitigation and catastrophe insurance. In the United States, he has served on state hurricane commissions in Alabama and Louisiana and has been the chair of the NCOIL Insurance Education Council and the Coordinator of the NAIC’s Industry Liaison Group. He is currently a Director of the International Insurance Society.

Prior to joining ABIR in December 2005, Kading served for 14 years as Senior Vice President and Director of State Relations for the RAA. His responsibilities included the management of all RAA programs directed at state legislation and regulation affecting reinsurers. He also helped develop the RAA’s work with the IAIS. In addition, he served as Chief Operating Officer of the RAA’s ReSources division which was devoted to creating non-dues revenues for the association.

Prior to joining RAA in October 1991, Kading was Vice President and Director of Government Affairs for the Alliance of American Insurers in Chicago. He was at Alliance for 10 years, advancing through a variety of government affairs positions.

In addition to his 32 years of insurance regulatory experience, Kading previously worked as administrative assistant to the Speaker of the Iowa House of Representatives and as a newspaper reporter for the Waterloo Daily Courier in Waterloo, Iowa.

Kading earned a Masters in Business Administration from the Kellogg School of Graduate Management at Northwestern University and a B.A. in Journalism from Drake University. He subsequently received CPCU and ARe designations. To learn more about ABIR visit www.ABIR.bm. Follow Brad on Twitter at @ABIR_Bermuda.

John M. Huff

President and CEO

John Huff was appointed President & CEO of ABIR effective January 1, 2018. In this role Huff directs ABIR’s worldwide public policy initiatives. Huff has more than 25 years of experience in the Insurance sector, most recently as the 2016 president of the National Association of Insurance Commissioners (NAIC), the US standard-setting and regulatory support organization created and governed by the nation’s chief insurance regulators, and as director of the Missouri Department of Insurance, a position he held for eight years.

Prior to entering public service, John spent more than a decade in executive positions with leading global insurers and reinsurers.

A former practicing attorney, John’s knowledge of the insurance industry is global in scope, spanning the United States, Bermuda, the United Kingdom, Continental Europe and Asia markets.  John brings to the table a keen understanding of the regulatory, legal, financial and operational challenges that insurance and reinsurance companies face.

Huff earned his JD from Washington University School of Law and holds a MBA from St. Louis University and a BSBA from Southeast Missouri State University.

Activities and Affiliations

  • Presidential Nominee, National Association of Registered Agents & Brokers, 2016
  • Member, State Regulator Task Force for US EU Covered Agreement, 2015 & 2016
  • Adjunct Professor, Insurance Law, Washington University School of Law, 2012 – 2016
  • Adjunct Professor, Insurance Law, Saint Louis University School of Law, 2014 – 2016
  • Member and Chair, Board of Trustees, Missouri Consolidated Health Care Plan, 2009 – 2017
  • National Association of Insurance Commissioners
    • Lead State Regulator, US EU Regulatory Dialogue, 2016
    • Chair, Reinsurance Task Force, 2014 – 2016
    • Chair, Financial Standards & Accreditation (F) Committee, 2014 – 2016
    • Chair, Solvency Modernization Initiative, 2012 – 2014
  • National Association of Insurance Commissioners
  • Member, US Financial Stability Oversight Council, 2010 – 2014
    • Initial state insurance regulator representative
  • Vice Chair and Secretary/Treasurer, Interstate Insurance Product Regulation Commission, 2011 – 2012
    • Leadership of 45 state compact regulating asset based products

Leila Madeiros

Senior Vice President, Deputy Director and Corporate Secretary

Leila Madeiros is the Senior Vice President, Deputy Director and Corporate Secretary of the Association of Bermuda Insurers and Reinsurers (ABIR). Madeiros leads ABIR’s efforts in Bermuda, specifically managing ABIR’s policy development work related to Bermuda’s efforts to ensure that the BMA’s regulatory regime is equivalent to international standards. She also serves as ABIR corporate secretary involving her in every aspect of the Association’s work including corporate organization, government and industry relations and financial management. Madeiros leads the association’s outreach to the Bermuda community helping to encourage Bermudians interested in employment in the international insurance sector.

Prior to joining ABIR, Madeiros was the Deputy Director of Policy, Research and Communications at the Bermuda Monetary Authority (BMA) directing the formulation and dissemination of appropriate policies, strategies and information for the BMA. Madeiros also served in various capacities as a Bermuda insurance regulator with the Registrar of Companies Department (prior to 2002, the agency charged with insurance supervision). Madeiros developed her insurance expertise working at Heddington Insurance Limited in Hamilton and London before becoming an insurance regulator.

Madeiros earned a Masters in Management from Webster University, St. Louis (Bermuda campus) and Bachelors of Arts in Business Administration from Cedarville University (Ohio, USA).

Joshua Alvera

Public Policy and Regulatory Affairs Representative

Joshua Alvera is the Public Policy and Regulatory Affairs Representative of the Association of Bermuda Insurers and Reinsurers (ABIR). Joshua conducts research and analysis on regulatory and public policy issues, while also providing general support to ABIR’s Executive Staff and Committees.

Prior to joining ABIR, Joshua was a Senior Associate at Pricewaterhouse Coopers Bermuda (PwC). He served on the audit team for a variety of clients in the Banking, Asset Management, Energy and Telecommunications sectors. Joshua also was Lead Senior on numerous Personal Client Services accounts, including Bermuda Charities. Many of these clients reported under IFRS and US GAAP and were subject to PCAOB standards. His work supported the jurisdiction’s commitment to transparency and financial stability.

Joshua is a Certified Public Accountant (CPA) and a member of CPA Bermuda. He earned a Bachelor of Arts Degree in Accounting and Finance from Gordon College in Wenham, Massachusetts, and a Master’s in Business Administration from Boston College.

Priscilla Briones

Office Manager

Priscilla Briones is Office Manager of the Association of Bermuda Insurers and Reinsurers (ABIR). Briones is responsible for ABIR’s day-to-day operation, including administration, human relations, information technology, and financial management, as well as meeting planning and communications support.

Prior to joining ABIR, Briones was Director of Constituent Services for Change the Equation, where she was responsible for member relations and recruitment, as well as partnering with state education policymakers, national educational nonprofit management, and educators on various STEM programs.

In addition to Briones’ more than 10 years of professional experience in operations support with an emphasis on recruiting and team building, while in Texas Briones was a reporter with the Castroville News Bulletin and the Medina Valley Times, and served as an instructional design senior analyst with Accenture.

Briones earned a Bachelors of Arts in Public Relations and English from Our Lady of the Lake University in San Antonio, Texas.

Our Contribution

Education & Training

ABIR looks for opportunities to educate students, future employees, policymakers and others about our industry and the contributions that insurance and reinsurance make to both the local and global economy. ABIR actively supports and participates in the Bermuda Careers Fair for local high school students and writes and produces educational materials that links school subjects directly with job career paths in our industry. Additionally, ABIR supports the educational and training initiatives of both the Bermuda Insurance Institute and the Bermuda Foundation for Insurance Studies by hosting student interns for lectures and presentations on various topics related to our industry. Finally, ABIR also presents to visiting risk management undergraduate and graduate students from overseas universities such as the University of Georgia Terry College of Business and the University of Hartford as well as reinsurance educational programs developed by the Reinsurance Association of America.

Hazard Mitigation

ABIR members are experts in insuring against catastrophe losses. What they also know is that the best way to protect people and property is to invest in hazard mitigation. Land use planning, elevation, building code disaster resistant design and enforcement, and emergency response education are all central to protecting people and property from the risks created by earthquakes, hurricanes, tornados, flooding, hail and wind. The US industry’s foundation work in protecting against electrical hazards (Underwriters Laboratories), theft and fraud (National Insurance Crime Bureau) and highway safety research (Insurance Institute for Highway Safety) is matched with the property insurance focused work of the Insurance Institute for Business and Home Safety. ABIR members participate in many of these research organizations. The IIBHS conducts groundbreaking research on construction and materials design focused on making structures more resilient to damage from fire, earthquake, wind, water and hail. The research has resulted in the Fortified homes project, building code modernization and spillover benefits in energy conservation and sustainable building practices. Bermuda’s own experience in the middle of the Atlantic Ocean’s hurricane belt has contributed to common sense construction techniques that store rain water, build with strong stone walls, design with limited window openings and roof structures engineered to increase wind resistance and reduce uplift.

Student Resources

For Bermudians, one of the great things about a career in the insurance and reinsurance industry is that you can pursue it right here at home. And, with 25% of US insurance professionals expected to retire or assume smaller roles within three years, there will be new global opportunities for aspiring young people.

Members of the Association of Bermuda Insurers and Reinsurers (ABIR) and other Bermuda-based international (re)insurers are sophisticated, smart and interested in your future. Here, we highlight potential careers for students and young adults with academic enthusiasm for:

If you see your favourite school subject on this list (and they’re almost all there, right?), you can challenge yourself to prepare for one of the many careers in the insurance and reinsurance world, and be one of the industry’s new, up-and-coming professionals.

You can make a start by browsing our fact sheets, discover the jobs that suit you, and learn more about the post-secondary paths to an exciting future in a successful and respected industry, in Bermuda and internationally.

Contact Us

O’Hara House
One Bermudiana Road
Hamilton HM 08 Bermuda
Tel: 441-294-7221

1445 New York Avenue
7th Floor
Washington, DC 20005
Tel: 202-783-2434