Question

What is the primary reason for Bermuda's growth as a market for international insurance and reinsurance companies?

a.

Regulatory framework designed to meet international standards

b.

Availability of operational and tax freedoms

c.

Greater worldwide access to property and casualty insurance

d.

Presence of major financial centers

Answer: (c).Greater worldwide access to property and casualty insurance Explanation:Bermuda's growth as a market for international insurance and reinsurance companies is attributed to the need for greater worldwide access to property and casualty insurance.

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Q. What is the primary reason for Bermuda's growth as a market for international insurance and reinsurance companies?

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