A Bermuda businessman talks on his cellphone while walking down a busy street in Hamilton.

The city of Hamilton in Bermuda is a financial powerhouse. As the offshore domicile of many foreign companies, Bermuda has a highly-developed international business economy; it is a financial exporter of financial services, primarily insurance, reinsurance, investment funds and special purpose vehicles (SPV). Finance and international business now constitute the largest sector of Bermuda's economy, and virtually all of this business takes place within the borders of Hamilton.
Large numbers of leading international insurance companies are based in Hamilton, making it a global reinsurance centre. Those internationally owned and operated businesses that are physically based in Bermuda - of which there are around four hundred - are represented by the Association of Bermuda International Companies (ABIC).