ABIR Appoints Stephen Weinstein Policy Committee Chair
Hamilton, Bermuda (February 14, 2017) – The Association of Bermuda Insurers and Reinsurers (ABIR) announces the appointment of Stephen Weinstein to Chair of its Policy Committee.
The Policy Committee serves as the chief policy body of ABIR, with review of insurance regulation in Bermuda and overseas, international regulatory standards, public policy in Bermuda, and US natural disaster policy and insurance regulation.
Mr. Weinstein is Senior Vice President and Group General Counsel at RenaissanceRe Holdings Ltd., with responsibility for group legal, regulatory, government affairs and compliance matters. He is Chair of RenaissanceRe Risk Sciences Foundation, the company’s non-profit research organization that innovates in risk-mitigation techniques and awareness, exemplified by the Risk Mitigation Leadership Forum.
“Steve has been a dedicated advocate for the Bermuda insurance market for a long time. Behind the scenes this has meant more than a decade in ABIR, as a founding member of the Policy Committee, contributing to the legal and regulatory solutions that have supported our market,” said Leila Madeiros, Senior Vice President, Deputy Director and Corporate Secretary of ABIR.
Mr. Weinstein succeeds Malcolm Furbert, General Counsel – Bermuda at XL Catlin. Mr. Furbert led the Policy Committee for 5 years, facilitating substantial policy and regulation work to help achieve the recognition of Bermuda under US and EU regulatory regimes.
“We are thankful to Malcolm for his leadership and for his thoughtful approach to public policy issues on behalf of the ABIR membership. We are happy that he remains with ABIR as a serving member,” said Ms. Madeiros.
About ABIR: ABIR represents the public-policy interests of Bermuda’s international property and casualty 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. ABIR members employ nearly 44,500 people around the globe, including more than 19,000 employees in the US, over 1,500 in Bermuda, more than 9,800 in Europe, and nearly 8,200 in Asia and Oceana.