Captive.com logo

Captive Insurance News

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

A FREE 12-page special report from Captive.com

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance explores the challenges presented by today's business and economic upheaval, as well as the hardening insurance market, and what it means for the captive insurance industry.

Show Me My Free Report

John Huff Joins ABIR as New President and Chief Executive

John Huff 480x377
December 05, 2017

John Huff, the immediate past president of the National Association of Insurance Commissioners and former director of the Missouri Department of Insurance, has been named the president and chief executive of the Association of Bermuda Insurers and Reinsurers (ABIR) beginning January 1, 2018.

Mr. Huff succeeds Brad Kading, who elected to retire after leading ABIR for 12 years.

Kevin O'Donnell, the current chair of ABIR, said, "For over 25 years, John has been a leader and coalition-builder in our industry. He brings a deep understanding of the regulatory, legal, financial and operational challenges faced by insurance and reinsurance companies and the customers we serve. John's relationships, expertise and leadership skills will be extraordinarily valuable to our members. We are delighted to welcome him to ABIR."

Mr. O'Donnell also thanked Mr. Kading for his leadership, "Since assuming leadership of ABIR in 2005, Brad has been a major contributor to the Bermuda reinsurance market's success. He has helped us navigate through a number of political and regulatory challenges around the world. Brad's trademark integrity, candor and team-oriented approach are truly second to none and have been the foundation of ABIR's success. Brad has built a durable organization at ABIR, with a strong team led by Deputy Director Leila Madeiros poised to continue advocating sound regulatory and policy stances worldwide."

"I'm excited for the opportunity to lead ABIR and to build on Brad's outstanding track record of leadership and service," added Mr. Huff. "As a former regulator in the US, the world's largest insurance market, and as a former insurance and reinsurance executive, I've seen first-hand the positive impact that ABIR has had on our industry, its member companies and the customers we serve. The large loss events of 2017 and the extraordinary response from the Bermuda market illustrates the critical role ABIR members play in promoting disaster recovery, economic growth and peace of mind worldwide."

John Huff pictured above. Photo is courtesy of ABIR.

Captive Insurance Company Reports
Follow Captive.com on Twitter

Twitter Feed