International business is the primary area of economic activity
in Bermuda, as a result of not just a favourable tax regime, but
also because of its political and legal stability, regulatory
framework, proximity to New York (2-hour flight) and London (7-hour
flight), talented work force, and natural beauty.
THE DISPUTE RESOLUTION LANDSCAPE
THE ECONOMY
Bermuda is a leading hub to insurance and reinsurance, banking,
and financial services industries; for many years it has been a
premier jurisdiction for trusts, family offices and other private
client structures. The latest available employment data
demonstrates job growth within relevant occupational groups:
Directors and Chief Executives (+ 111 jobs), Actuaries (+ 44 jobs),
Lawyers (+ 24 jobs), Business Analysts (+ 23 jobs).