Comments on: Fitch Affirms, Withdraws Bermuda’s Ratings

By: Rhonda

Rhonda — Fri, 22 May 2015 17:01:00 +0000

S&P is on thin ice now once oba doesn’t like what they have to say they to will fall by the wayside…

By: Lois Frederick

Lois Frederick — Fri, 22 May 2015 13:07:09 +0000

Yes, saving us $1 million a year…We can get by on 2 as opposed to 3 ratings agencies, in our difficult financial position. Especially if they issue ratings without Bermuda paying for them to do so!

By: Raymond Ray

Raymond Ray — Fri, 22 May 2015 13:01:57 +0000

“Misery, jealousy and envy” they are all related…These are definitely tough times for the Progressive Labour Party and their supporters
As for the PAC matter, keep on them Ms. Jackson, Mr.Jeff Sousa and Mr. Glenn Smith.

By: Rhonda

Rhonda — Fri, 22 May 2015 11:43:12 +0000

……comforted in the knowledge….

By: rhonda

rhonda — Fri, 22 May 2015 10:47:58 +0000

When you have only one agency accessing you, you can dispute anything they say, confronted in the knowledge that you have blind followers.

By: rhonda

rhonda — Fri, 22 May 2015 10:41:43 +0000

The oba fired Fitch’s. What are you people not getting.

By: NO MORE WAR

NO MORE WAR — Fri, 22 May 2015 10:20:34 +0000

Great news

By: Raymond Ray

Raymond Ray — Fri, 22 May 2015 10:18:48 +0000

I’m not the brightest crayon in the box but I do know the difference between, “increasing and declining”.
Note: “A sophisticated legal system, strong regulatory framework, simple tax regime, proximity to the U.S. and skilled human capital allow Bermuda to maintain a competitive advantage as a domicile for reinsurance and financial services companies.”
(No, Bermuda may not be at the top of the charts but, we sure as hell aren’t anywhere near the bottom.)
“Fitch’s forecasts assume that Bermuda’s real G.D.P. stabilizes in 2015-2016, and that Bermuda maintains its attractiveness as an insurance and re-insurance jurisdiction.”