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.
ABIC’s mission is to promote a sound
business environment for the international business community in
Bermuda by influencing and driving change through partnerships
with regulatory, government and professional organizations.
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 dynamic 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.
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