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 […]

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 […]

Dear ABIC member, Attached are the results of the survey conducted by ABIC into the sustainability of international business in Bermuda – a description of these results will be released to the public at a news conference this morning. I apologise for the delay in releasing the survey results but we had a few issues […]

At a recent meeting with the Minister of Labour & Home Affairs it was suggested that I write to you on the above topic. Whilst the initial anxiety and concern over the Term Limits policy has somewhat abated due to the exemptions proposed by the new Minister, this policy is still in place for non-exempt […]

The Association of Bermuda International Companies (ABIC) held its first annual Golf Tournament, a networking event for 54 representatives of its member companies and guests from the Bermuda government, local banks, law firms and other corporations which conduct business with the international sector. The tournament, which included an awards luncheon, was held March 2 at […]