Source link : https://theamericannews.net/america/bermuda/abir-contributions-to-bermuda-economy-reach-new-high-insurance-business-america/
ABIR Contributions to Bermuda Economy Reach New High
in a meaningful boost to Bermuda’s economic landscape, the Association of Bermuda Insurers and Reinsurers (ABIR) has reported record contributions to the island’s economy for the year 2023. This milestone reflects the resilience and adaptability of the insurance sector amidst a rapidly changing global landscape. With increasing premiums, job creation, and a commitment to sustainable development, ABIR’s growth underscores the importance of the reinsurance market to Bermuda’s financial stability. As industry leaders gather to discuss these developments, the implications for local businesses and global clients alike are profound, signaling a robust future for one of the world’s foremost insurance hubs.
ABIR’s Economic Impact on Bermuda surges Amidst Global Challenges
the recent report reveals that the Association of Bermuda Insurers and Reinsurers (ABIR) has reached a pivotal milestone in its contributions to the island’s economy, showcasing resilience amidst a backdrop of global economic uncertainties. as global markets grapple with challenges such as inflation and geopolitical tensions, ABIR’s presence in Bermuda has not only stabilized the local economy but has also spurred growth in various sectors. The insurance industry has emerged as a crucial…
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Author : Samuel Brown
Publish date : 2025-04-10 16:22:00
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