ABIC and ABIR Reiterate Position Statements on Independence

In light of the recently released Bermuda Independence Commission (“BIC”) report, the Association of Bermuda International Companies (“ABIC”) and the Association of Bermuda Insurers and Reinsurers (“ABIR”) today reiterated their concerns surrounding the issue of independence. ABIC and ABIR stressed that the concerns outlined in their written submissions on the topic remain unchanged, adding that […]

ABIC´s Response to Belco´s Power Outage

Dear ABIC Members, I had a meeting yesterday with Garry Madeiros and Vince Ingham, at their request, in order to get a better feel for what happened last week and the implications for all of us on a going forward basis. Garry & Vince realize that there is a need for greater communication on the […]