Synopsis: Bermuda is a major offshore business jurisdiction with more than 13,500 registered companies in the international business sector. In the insurance and reinsurance sector alone there are close to 1,500 companies. Bermuda’s commercial insurance and reinsurance market is one of the three leading markets in the world (along with London and New York). These factors lead to a high percentage of restructuring and insolvency cases involving an international element.
Authors: Kehinde George
Published: The Americas Restructuring and Insolvency Guide 2008/2009