The Waterfront

A World Leader

As a leading international financial centre, Bermuda is considered one of the best places in the world to do business—for a whole host of reasons. Topping the list is our robust and business-friendly regulatory system that has set our jurisdiction apart and won high regard for tax-transparency and global compliance standards. Its strength underscores Bermuda’s bluechip reputation. But there are many other benefits we’re also proud of. Among them? The Island’s sophisticated telecommunications and technology infrastructure. Our impressive pool of skilled talent. Our convenient location— between European and North American markets—and, of course, the enviable climate and lifestyle.

All explain why so many different types of enterprises choose Bermuda as their base for business. Our community counts a broad ecosystem of financial services, from funds and private equity firms to trusts and private client structures serving high-net-worth individuals. The Island is ranked one of the world’s top three reinsurance centres and the largest captive insurance headquarters. It is home to $17 billion in ILS (insurance-linked securities) listings, nearly 70 percent of the world’s total. Our reinsurers help nations recover after the worst catastrophe losses, and Bermuda-based business is also responsible for an impressive number of jobs—an estimated 500,000 around the world are supported by trade and investment done through our jurisdiction

We’re also the host jurisdiction to a significant and growing number of aircraft and shipping registrations.

The prestigious America’s Cup, which Bermuda hosted in June 2017 proved an exciting catalyst for new ideas and investment, energising hotels, real estate and the retail sector. The opportunities and televised worldwide attention this mega sporting event brought to the Island were substantial, and the resulting economic impact will be a positive boost to Bermuda’s future.