BILTIR announces new board leadership for 2025-2027

Reinsurer’s general counsel re-elected as chair

BILTIR announces new board leadership for 2025-2027

Reinsurance News

By Kenneth Araullo

The Bermuda International Long Term Insurers and Reinsurers (BILTIR) has announced changes to its board of directors for the 2025-2027 term, including the election of its chair and vice chair, as well as the addition of three new board members.

Natasha Scotland Courcy (pictured above), CEO and general counsel of Athene Life Re, was re-elected as chair. Jamie Schmerer, head of enterprise risk management at Fortitude Re, will serve as vice chair.

The board will also welcome Danish Iqbal, CEO of Somerset Re; Tibor R. Leeuwenburgh, country executive for Aegon Bermuda; and Joseph Barrowclough, CFO of Gibraltar Reinsurance Company Ltd. and Lotus Reinsurance Company Ltd.

BILTIR CEO Suzanne Williams-Charles commented on the appointments, saying, “BILTIR plays a vital role in advancing Bermuda’s long-term reinsurance industry, and serving on the board reflects an intense dedication to this jurisdiction’s growth.”

Williams-Charles also acknowledged the board’s contributions, noting that strong leadership has supported BILTIR’s mission and helped reinforce Bermuda’s position in the reinsurance sector.

“Their guidance has helped advance BILTIR’s mission and strengthen Bermuda’s position as a leading reinsurance hub,” she said.

The full board of directors for the 2025–2027 term includes:

  • Natasha Scotland Courcy (Athene Life Re Ltd.)
  • Jamie Schmerer (Fortitude Re)
  • John Hele (Resolution Life Group Holdings Ltd.)
  • Sylvia Oliveira (Wilton Re Bermuda)
  • Chantal Cardinez (Hannover Re (Bermuda) Ltd.)
  • Donna Cotter (Sun Life International)
  • Frank “Chip” Gillis (Emeritus)
  • Darryl Herrick (Global Atlantic Re)
  • Kevin Hovi (Kuvare Life Re Ltd.)
  • Michelle Moloney (Pacific Life Re)
  • Hannah Ross (Allshores Ltd.)
  • Jon Steffen (Aspida Re)
  • Danish Iqbal (Somerset Re)
  • Tibor R. Leeuwenburgh (Aegon Bermuda)
  • Joseph Barrowclough (Gibraltar Reinsurance Company Ltd., Lotus Reinsurance Company Ltd.)
  • Cara Knezic (AIA Reinsurance Ltd.)

BILTIR also recently wrapped up its 13th annual Bermuda International Life and Annuity Conference, an event that drew more than 500 industry professionals from 17 countries.

Nearly half of the attendees traveled from outside Bermuda, highlighting the jurisdiction’s international reach and the growing global interest in Bermuda’s long-term re/insurance sector.

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