Premier and Minister of Finance, David Burt today announced that ratings agency Standard & Poor’s (S&P) has reaffirmed Bermuda’s A+ Sovereign Credit Rating, Bermuda’s A-1 short-term rating and its AA+ transfer and convertibility assessment. S&P also maintained the “stable” outlook rating. Bermuda’s economy depends very much on the captive reinsurance industry. For example a company […]

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