Location of Bermuda
Bermuda is a British Overseas Territory in the North Atlantic Ocean. It is approximately 1,070 km (665 mi) east-southeast of Cape Hatteras , North Carolina ; 1,236 km (768 mi) south of Cape Sable Island , Nova Scotia ; and 1,578 km (981 mi) north of San Juan, Puerto Rico . The capital city is Hamilton . Bermuda is an associate member of CARICOM .
Bermuda's economy is based on offshore insurance and reinsurance , and tourism , the two largest economic sectors .[ 1] [ 2] Bermuda had one of the world's highest GDP per capita for most of the 20th century[ 3] and several years beyond. Recently, its economic status has been affected by the global recession.
A large number of foreign owned companies are domiciled in Bermuda due to its status as tax haven .
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name
Industry
Sector
Headquarters
Founded
Notes
Status
Bacardi
Consumer goods
Distillers & vintners
Hamilton
1862
Spirits
P
A
Bermuda Monetary Authority
Financials
Investment services
Hamilton
1969
Financial regulator
S
A
Brookfield Infrastructure Partners
Financials
Investment services
Hamilton
2008
Investments
P
A
Butterfield Bank
Financials
Banks
Hamilton
1858
Bank
P
A
Catlin Group
Financials
Reinsurance
Hamilton
1984
Insurance, reinsurance, acquired by XL Catlin (Ireland) in 2015
P
D
Central European Media Enterprises
Consumer services
Broadcasting & entertainment
Hamilton
1994
Media and entertainment
P
A
Fidelity International
Financials
Asset management
Hamilton
1969
Mutual funds, pensions, fund platforms
P
A|-style="background:#ffffff;"
Frontline Ltd.
Industrials
Marine transportation
Hamilton
1985
Marine transport
P
A
Genpact
Industrials
Business support services
Hamilton [ 4]
1997
Business process support, outsourcing
P
A
Golden Ocean Group
Industrials
Marine transportation
Hamilton
2004
Transport
P
A
Gosling Brothers
Consumer goods
Distillers & vintners
Hamilton
1806
Rum
P
A
Hiscox
Financials
Full line insurance
Hamilton
1901
Insurance
P
A
HSBC Bank Bermuda
Financials
Banks
Hamilton
1889
Bank, part of HSBC Group (UK) since 2004
P
A
Juniperus Capital
Financials
Nonequity investment instruments
Hamilton
2008
Hedge fund
P
A
London & Overseas Freighters
Industrials
Marine transportation
Hamilton
1948
Marine transport, defunct 1997
P
D
Marshall Diel & Myers
Consumer Services
Consumer Services
Hamilton
1989
Litigation law firm
P
D
Nabors Industries
Oil & gas
Exploration & production
Hamilton
1968
Oil and natural gas
P
A
OneBeacon
Financials
Full line insurance
Hamilton
2001
Insurance
P
A
Orient Overseas (International) Limited
Financials
Investment services
Hamilton
1968
Investments
P
A
Scorpion Offshore
Oil & gas
Exploration & production
Hamilton
2005
Drilling
P
A
Sea Containers
Industrials
Marine transportation
Hamilton
1965
Marine transport, defunct 2009
P
D
Seadrill
Oil & gas
Exploration & production
Hamilton
2005
Drilling
P
A
Signet Jewelers
Consumer goods
Clothing & accessories
Hamilton
1949
Jewelry
P
A
Tokio Millennium Re Ltd.
Financials
Reinsurance
Hamilton
2000
Reinsurance, part of Tokio Marine Nichido (Japan)
P
A
Vostok Gas
Oil & gas
Exploration & production
Hamilton
1996
Oil & gas investments, defunct 2012
P
D
See also
References