• Home
  • Articles
  • Opinion Piece: Bermuda Fire & Marine Insurance settlement

Opinion Piece: Bermuda Fire & Marine Insurance settlement

The cave-in by the defendants in the Bermuda Fire & Marine Insurance Company trial brings to an end one of the most disgraceful episodes in the history of the island's offshore business sector. Although the standard 'nobody admits any wrongdoing' clause was built into the settlement, it does not take a genius to figure out who won the lawsuit and who lost it.