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Bermuda |
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BermudaBritish overseas territory in the Northwest Atlantic Ocean; area 54 sq km/21 sq mi; population (1994 est) 60,500. The colony consists of 138 small islands, of which 20 are inhabited; the 6 principal islands are linked by bridges and causeways. The capital and chief port is Hamilton. Bermuda is Britain's oldest colony, officially taken by the crown in 1684. Under the constitution of 1968, it is fully self-governing, with a governor, senate, and elected House of Assembly. The principal economic activities are tourism and finance, especially insurance. Industries include pharmaceuticals and growing Easter lilies. The currency used in the colony is the Bermuda dollar, the main language spoken is English, and the main religion is Christianity. The islands were named after Juan de Bermudez, who visited them in 1515, and were settled by British colonists in 1609. Indians and African slaves were transported from 1616 and soon outnumbered the white settlers. Racial violence in 1977 led to intervention, at the request of the government, by British troops. A 1995 referendum rejected independence. The Progressive Labour Party (PLP) won a general election in November 1998. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Lloyd's of London has been talking a lot about entering the markets in continental Europe on a larger scale as well, and though Morrison acknowledges the Lloyd's market is a competitor, he is not sure they will do as well as the new Bermudans. Sources say the three flew out of LaGuardia Airport on Sunday morning aboard Bloomberg's personal jet and then headed for the mayor's mansion--which Bermudans say is worth at least $20 million--a stone's throw from the exclusive Mid-Ocean Golf Club. The refusal of Bermudans to vote for independence last year may show that they, at least, have understood the point: In an increasingly troubled region, reliance on a foreign power for security and prosperity may be the most sensible form of nationalism. |
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