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Bermuda - The sky's the limit for what this island can achieve.
(From Reinsurance)
Mark Twain once said, "You die and go to heaven, I'll stay here in Bermuda." Clearly, several money-makers from around the world must agree with him.
While it may have been the luscious green vegetation, the perfect blue waters and idyllic beaches that attracted the writer to the mid-Atlantic island, it is the zero-rate corporation tax and light touch when it comes to red tape that has made Bermuda the economic miracle it is today.
Since the 1960s, Bermuda has witnessed phenomenal growth in international business due to its insurance sector. It has transformed itself from a pretty tourist destination to a world-class, ...
- 2nd annual risk management captive domicile roundup: what follows is a brief...
- Magazine article from: Risk Management August 1, 2006 700+ words
Bermuda Location: Northern Atlantic Total Captives...Act 1981; 1995 amendments Governance: Bermuda Monetary Authority Solvency: Companies...annual Statutory Financial Return with the Bermuda Monetary Authority, but it is not available...
- South Carolina Regulator Pushes Captives.(Editorial)(Statistical Data Included)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management KATZ, DAVID M. March 20, 2000 700+ words
...to captives--as South Carolina Insurance Director...bill that would set up South Carolina as a captive domicile...domiciles like Vermont and Bermuda or even new ones like Nevada. Passed by the South Carolina Senate as S. 1040...
- South Carolina Officials Court Captive Insurer Firms.
- Newspaper article from: Knight Ridder/Tribune Business News May 13, 2001 700+ words
...News May 13--South Carolina is touting its...havens such as Bermuda and the Caymans...chairman of the South Carolina Captive Insurance...industry leader Bermuda. John J. O...grow. Ace, a Bermuda-based captive...in the long run South Carolina will do well...
- South Carolina Has Bountiful Year Capturing Captive Insurers.
- Newspaper article from: Knight Ridder/Tribune Business News December 7, 2001 700+ words
...domestic industry leader. "South Carolina's infrastructure is developing...director Ernst Csiszar sees South Carolina as "the American version of Bermuda, a laboratory for captives...the Fountain Inn-based South Carolina Captive Insurance Association...
- South Carolina picks up a step on its big brother.
- Magazine article from: Business North Carolina October 1, 2000 700+ words
...especially Floyd. South Carolina's real personal income...the three parts of South Carolina -- coastal, midlands...with the economy. A Bermuda company called Sea...to Wilmington. Has South Carolina's giving $130 million...
- South Carolina Governor Speaks about State Employer Insurance Policies.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Parker, Jim December 6, 2000 700+ words
...at the fall meeting of the South Carolina Captive Insurance Association...included Kanawha Insurance in South Carolina, said that South Carolina "understands the insurance...off-shore locales such as Bermuda with tax and financial secrecy...
- Conference Focuses on the Newest Captive Market - South Carolina.
- Press release article from: PR Newswire March 13, 2001 700+ words
...include: -- KPMG, Bermuda -- South Carolina Department of Insurance...Arthur Gallagher (Bermuda) Ltd. -- HSBC Insurance Services (Bermuda) Limited From these...see first hand how South Carolina has positioned itself...
- University of South Carolina's Report Targets State's Economy.
- Newspaper article from: Knight Ridder/Tribune Business News Jean, Sheryl October 28, 1998 700+ words
...overseas. As head of South Carolina's largest independent...Claiborne about the South Carolina economy, Woodward...with 75 offices in South Carolina. "When times are...investors are Bank of Bermuda Ltd., Finter Bank...