Welcome to ABIC – the Association of Bermuda International Companies.
ABIC represents the internationally owned businesses which are physically located in Bermuda, but conduct their operations worldwide. There are more than 1,500 exempted or international companies currently registered in Bermuda, of which some 400 have a physical presence.
Through partnerships with Regulatory, Government and Professional Organizations, ABIC will promote and preserve a sound business environment for the International business community, and ensure that Bermuda continues as the business domicile of choice.
ABIC is a membership organization and exists to serve its members. Our success is measured through an improved Bermuda business environment.
ABIC also administers a major educational initiative offering significant financial support to promising local students pursuing higher education abroad, primarily in fields related to international business.
Our membership represents the vast majority of companies in this important and increasingly important sector of the Bermuda economy. Over the past 12 years, with the dramatic growth of the international insurance and reinsurance and financial services sectors, international business has come to generate, on an annual basis, more than 70% of total revenue for the Bermuda Government.
Our aim is to ensure that Bermuda remains the premier international center in which to do business.