Premier Burt Leads Bermuda Delegation To RIMS
Premier and Finance Minister David Burt is leading Bermuda delegation to the Risk and Insurance Management Society [RIMS] annual conference which is being held in San Francisco from April 10-13, 2022
A Government spokesperson said, ” RIMS is the world’s largest community dedicated to advancing risk management. RiskWorld is RIMS’ first major in-person event since 2019. This event usually brings together more than 10,000 attendees from over 70 countries, 400 exhibitors from across the globe, and more than 300 speakers.”
“Premier Burt will be accompanied by the Minister of Economy and Labour, Jason P Hayward, as well as representatives of the Bermuda Business Development Agency, Bermuda Monetary Authority [BMA], Association of Bermuda Insurers and Reinsurers (ABIR), Bermuda Business Development Agency [BDA], and industry executives.”
Premier David Burt said, “RIMS provides Bermuda with an excellent opportunity to showcase everything Bermuda offers as a leading global re/insurance destination to do business.
“The Bermuda Government is committed to supporting and growing the risk management industry in Bermuda. The RiskWorld conference lets us meet global leaders, learn about new commercial trends, and emphasise the importance of this sector to Bermuda. The delegation will combine attendance at RIMS with additional business development meetings in Silicon Valley, focusing on technology, climate risk finance and venture capital.”
Read More About
Category: All, Business, News, Politics
*waives bye-bye to the Premier*
FREE SHOPPING TRIP!
Is there anyone attending RIMS that does not already know about Bermuda? How much revenue was generated from previous conferences? How much is this trip costing taxpayers?
- Premier Burt
- Minister of Economy and Labour, Jason P Hayward
- representatives of the Bermuda Business Development Agency, Bermuda Monetary Authority [BMA], Bermuda Business Development Agency [BDA]
Over $150,000 at least.
Lets see hoe the ego man embarrasses bermuda this time
Stay tuned for the bill for first class tickets BDA-SFO, $1000+ a night hotel bills and let’s not forget the ground transportation which must be on a 24/7 limousine contract given recent charges for ministers’ transport. What can Burt and Hayward add to this conference? Hopelessly out of their depth, both of them.
Hayward at a RIMS conference? Give me strength.
This is very bizarre. Bermuda is sending five representatives to RIMS (Premier Burt, Bermuda Business Development Agency, Bermuda Monetary Authority, Association of Bermuda Insurers and Reinsurers (ABIR), Bermuda Business Development Agency)? I don’t believe even the largest insurers send that many delegates to RIMS.
business class airfare x 5 persons – $20,000
hotel rooms – 4 delegates x $600/night x 4 nights and incidentals – $15,000
hotel suite and incidentals fit for a Premier of 65,000 people (there are more than 700 towns and cities in the US with a population over 50,000) – 4 nights x $1500/night, plus incidentals – $25,000
We should see a bill for roughly $60,000. I’ll bet they spend twice that.