The stable, competitive regulatory and legal regime in Bermuda
continues to ensure its place as a hub for international economic
activity. The island also makes effective use of close transport
networks, including to London (seven-hour flight), New York and
Washington (two-hour flight).
The Dispute Resolution Landscape
The economy
Bermuda retains its prominence as a market leader for insurance
and reinsurance. Over 50 new insurance/reinsurance entities were
registered with the Bermuda Monetary Authority during 2024.
Moreover, the Bermuda Business Development Agency has confirmed
that, as of 2024, some USD1.6 trillion in total assets are held by
1,100 (re)insurers, writing gross premiums of approximately USD286
billion.