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Benchimol, Grandisson and Driscoll elected as chairs of ABIR

Albert Benchimol, chief executive of AXIS Capital, will serve as the chair of the Association of Bermuda Insurers & Reinsurers (ABIR) for 2019.

Marc Grandisson, CEO of Arch Capital, will serve as deputy chair and Kean Driscoll, CEO of Validus Reinsurance, will serve as second deputy chair.

The appointments follow the body completing its biennial election process.

Benchimol, who began his term on 1 January, was appointed as president and CEO of AXIS in May 2012 and has served as a director since January 2012.

He said: “I’m proud to help advance ABIR’s mission and look forward to working with the ABIR Board and member companies to advocate the Bermuda re/insurance market’s interests around the world,”

“I’d also like to thank Kevin O’Donnell for his tremendous service as ABIR Chair during these past two years of challenges and change. The Bermuda market is well positioned, and ABIR will continue to advocate for open, well-regulated, competitive insurance markets globally.”

O’Donnell, president & CEO of RenaissanceRe Holdings, continues to serve as an ABIR officer and currently also serves as chair of the Global Reinsurance Forum (GRF), an international group of companies that advocates for the reinsurance industry.