Bermuda Jobs

A Powerful Financial Economy

For many years tourism was the main source of employment on Bermuda and the only time you would find a wealthy lawyer or fund manager would be sipping cocktails in one of the islands high-class resorts.

Well times have changed and now Bermuda is up there leading the way alongside better known jurisdictions such as Monaco, Dubai and the Cayman Islands.

One key factor in its success is its position as a British Dependent Territory and the peace of mind that brings to foreign investors and businesses. And the people of Bermuda showed their determination to keep that status as 75% of the population voted against independence in a 1995 referendum.

Bermudas rise in the international business area has centred around three industries:
    Finance
    Insurance
    Re-insurance

Banking led the way in establishing Bermudas business credentials but in recent years the island has emerges as a major player in the insurance (and reinsurance) sector where it now ranks as the worlds third largest insurance market!

In addition, Bermuda has seen success as a diamond market and has benefited from a booming real estate market which has brought in billions of dollars of investment.

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