Confidence in Bermuda is rock solid. Pass along Pitt’s Bay Road and you cannot fail to notice the new high-tech office blocks evidence of Bermuda’s position as a world player in the insurance industry. The building blocks are in place for even more long-term investment with the erection of new corporate headquarters for ACE and XL Capital; two of Bermuda’s flagship insurance firms.
Ernst & Young has witnessed first hand the extraordinary success of Bermuda and is a fully integrated part of Bermuda’s bubbling insurance factory. "Over the last few decades Bermuda has changed from being viewed as simply a captive domicile and is now seen as a Mecca for ideas and innovation. It attracts some of the brightest minds in the business," says E&Y Bermuda insurance partner and leader of their Insurance Focus Group Anthony Joaquin. He believes that the road of captive insurance growth may not always be smooth, but it definitely has some impressive mileage left., "As we enter the twenty-first
