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Filing year 2024

ASSOCIATION OF BERMUDA INSURERS AND REINSURERS

Washington, District of Columbia·EIN 98-0475219·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$1.8M
Total assets
$396k
Total expenses
$1.9M
Reported officers
1
Mission

REPRESENT PUBLIC POLICY INTEREST OF BERMUDA'S CLASS 4 INSURERS AND REINSURERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in District of Columbia.

President
Above 90th percentile
$1.1M
$1.1M
Base
$652k
Bonus
$305k
Other
$22k
Benefits
$46k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ASSOCIATION OF BERMUDA INSURERS AND REINSURERS equaled 57% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
57%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 23%
from 2023

From $873k in 2023 to $1.1M in 2024.

$873k
2023
$1.1M
2024
In today's dollarsEst.
Up 19% in real terms$957k to $1.1M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 23% from 2023 to 2024, while revenue rose 6%.

$873k in 2023 to $1.1M in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ASSOCIATION OF BERMUDA INSURERS AND REINSURERS

What does the Chief Executive Officer of ASSOCIATION OF BERMUDA INSURERS AND REINSURERS earn?

In 2024, the Chief Executive Officer of ASSOCIATION OF BERMUDA INSURERS AND REINSURERS received $1,069,855 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in District of Columbia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASSOCIATION OF BERMUDA INSURERS AND REINSURERS compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at ASSOCIATION OF BERMUDA INSURERS AND REINSURERS falls in the top 10%. In 2024, the highest total compensation at ASSOCIATION OF BERMUDA INSURERS AND REINSURERS equaled 57% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ASSOCIATION OF BERMUDA INSURERS AND REINSURERS's revenue and expenses?

In 2024, ASSOCIATION OF BERMUDA INSURERS AND REINSURERS reported $1.8M in total revenue and $1.9M in total expenses on its IRS Form 990.

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