Bermuda’s Ministry of Finance has provided an update on Premier and Minister of Finance David Burt’s participation in the Commonwealth Business Forum in Antigua and Barbuda. His discussions focus on pooling disaster risk, mobilizing investment in markets vulnerable to climate change and attracting tourism investment. Burt highlighted the role of Bermuda’s insurance and reinsurance sector in helping other jurisdictions manage climate risks. The tourism discussion focuses on attracting investment, diversifying visitor experiences and making tourism economies more resilient. Burt is scheduled to outline a new round of tax relief measures to provide further financial support to Bermudians in the House of Assembly on Nov. 6.
Bermuda’s Ministry of Finance reports on disaster risk and investment discussions at Commonwealth Business Forum
Bermuda’s Premier and Minister of Finance David Burt is participating in Commonwealth Business Forum discussions on disaster risk sharing, investment in markets vulnerable to climate change and tourism investment. He highlighted Bermuda’s insurance and reinsurance expertise in managing climate risks. Burt is also scheduled to outline further tax relief for Bermudians in the House of Assembly on Nov. 6.