ABIR members lead Bermuda economy

2020-09-22T15:14:00

Bermuda

The Association of Bermuda Insurers and Reinsurers (ABIR) today released the results of its 15th annual ABIR Bermuda Economic Substance Survey, detailing significant contributions to the Bermuda economy and workforce.Highlights from the report, which tracks 2019 calendar-year data, include:

The Association of Bermuda Insurers and Reinsurers (ABIR) today released the results of its 15th annual ABIR Bermuda Economic Substance Survey, detailing significant contributions to the Bermuda economy and workforce.

 

Highlights from the report, which tracks 2019 calendar-year data, include:

  1. ABIR members contributed over $830 million to the Bermuda economy, up $15 million from calendar year 2018
  2. Bermudians represent over 72% percent of ABIR’s member workforce
  3. ABIR members invested more than $131 million on local construction, real estate, housing and leasing

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