Bermuda (officially, The Bermuda Islands or The Somers Isles) is a British overseas territory in the North Atlantic
Ocean. Located off the east coast of the United States, it is
situated around 1770 km (1,100 mi) northeast of
Miami, Florida and 1350 km (840 mi) south of
Halifax, Nova Scotia. The nearest landmass is Cape Hatteras, North
Carolina, about 1030 km (640 mi) west-northwest (see Geography section below). It is the oldest and most populous
remaining British overseas territory, settled by England a century before the Acts of Union that created the Kingdom of Great
Britain.
Although commonly referred to in the singular, the territory consists of approximately 138 islands, with a total area of 53.3 km² (20.6 sq. mi.). Compiling a list of these islands is often
complicated, as many have more than one name (as does the entire archipelago, which, in addition to its two official names, has
historically been known as "La Garza", "Virgineola", and the "Isle of Devils"). Despite the limited land mass,
there has also been a tendency for place names to be repeated; there are, for instance, two islands named "Long Island", three
bays known as "Long Bay" and the town of St. George is located within the parish of St. George on the island of St. George (each
known as St. George's), whereas Bermuda's capital, the City of Hamilton, lies in Pembroke Parish, not
Hamilton Parish, on the largest island, "Main Island", which itself is
sometimes called "Bermuda" (or "Great Bermuda").
Bermuda has a thriving economy, with a large financial sector and tourism industry giving it the world's highest GDP per capita in
2005. It has a sub-tropical climate, pink beaches, and cerulean blue oceans.
History
-
Aerial view of Bermuda looking west, with St. David's and St. George's in the foreground.
Bermuda was discovered by the early 1500s, probably in 1503,
according to some sources. It was certainly known by 1511, when Peter Martyr d'Anghiera published his Legatio Babylonica, which mentioned Bermuda, and
the island was also included on Spanish charts of this year. The discovery is attributed to a Spanish explorer, Juan de Bermúdez. Both Spanish and Portuguese ships used the islands as a replenishment spot for fresh
meat and water, but legends of spirits and devils, now thought to have stemmed only from the
callings of raucous birds (most likely the Bermuda Petrel, or Cahow), and of
perpetual, storm-wracked conditions (most early visitors arrived under such conditions), kept them from attempting any permanent
settlement on the Isle of Devils.
Bermúdez and Gonzalo Fernández de Oviedo ventured to Bermuda in 1514 or 1515 with the intention to drop off a breeding stock
of hogs on the island as a future stock of fresh meat for passing ships. The inclement weather prevented them from landing
however.
Some years later, a Portuguese ship on the way home from San Domingo wedged itself between two rocks on the reef. The crew
tried to salvage as much as they could and spent the next four months building a new hull from Bermuda cedar to return to their initial departure point. One of these stranded sailors is most
likely the person who carved the initials "R" and "P", "1543" into Spanish Rock. The initials probably stood for "Rex
Portugaline" and later were incorrectly attributed to the Spanish, leading to the misnaming of this rocky outcrop of Bermuda.
For the next century, the island is believed to have been visited frequently but not permanently settled. The first two
British colonies in Virginia had failed, and a more determined effort was initiated by King
James I of England and VI of Scotland, who granted a Royal Charter to The Virginia
Company. In 1609, a flotilla of ships left England under the Company's Admiral,
Sir George Somers, to relieve the colony of Jamestown, settled two years before. Somers had previous experience sailing with both
Sir Francis Drake and Sir Walter Raleigh. The
flotilla was broken up by a storm, and the flagship, the Sea Venture, was wrecked off
Bermuda (as depicted on the territory's Coat of Arms), leaving the survivors in
possession of a new territory. (William Shakespeare's play The Tempest is thought to
have been inspired by William Strachey's account of this shipwreck.) The island was
claimed for the English Crown, and the charter of the Virginia Company was extended to include it. In 1615, the colony was passed
to a new company, the Somers Isles Company (The Somers Isles remains an
official name for the Colony), formed by the same shareholders. The close ties with Virginia were commemorated even after
Bermuda's separation by reference to the archipelago in many Virginian place names, such as Bermuda City, and Bermuda Hundred. The first
British coins in America were struck here.
John Smith wrote one of the first Histories of Bermuda (in concert with
Virginia and
New England).
Most of the survivors of the Sea Venture had carried on to Jamestown in 1610 aboard two Bermuda-built ships. Among
these was John Rolfe, who left a wife and child buried in Bermuda, but in Jamestown would
marry Pocahontas, a daughter of Powhatan. Rolfe was also single-handedly responsible for beginning Virginia's tobacco industry (the
economic basis of the Colony had been intended to be lumber). Intentional settlement of Bermuda began with the arrival of the
Plough, in 1612.
With its limited land area, Bermuda has had difficulty ever since with population growth. In the first two centuries of
settlement, it relied on steady emigration to keep the population manageable. Before the American Revolution, more than ten thousand Bermudians emigrated, primarily to the American
South, where England (later, the United Kingdom) was displacing Spain as the dominant European imperial power. A steady trickle
of outward migration continued as, by the end of the eighteenth century, with seafaring being the only real industry, at least a
third of the island's manpower was at sea at any one time. This limited land area and resources led to the creation of what may
have been the earliest conservation laws of the New World, when in 1616 and 1620 Acts were passed banning the hunting of certain
birds and young tortoises[1]
In 1649, the English Civil War raged and was highlighted this year by the execution of King Charles I in London. The execution
would result subsequently in the outbreak of a Bermudian Civil War; it was ended by embodied militias. This created a strong
sense of devotion to the crown for the majority of colonist and it forced those who would not swear allegiance, such as Puritans
and Independents, into exile in the Bahamas[2].
In the seventeenth century, however, the Somers Isles Company suppressed shipbuilding as it needed Bermudians to farm if it
were to generate income from the land. Agricultural production met with only limited success, however. The Bermuda cedar boxes
used to ship tobacco to England were reportedly worth more than their contents. The colony of Virginia far surpassed Bermuda in
both quality and quantity of tobacco produced. After the dissolution of the Somers Isle Company,
Bermudians rapidly abandoned agriculture for shipbuilding, replanting farmland with the native juniper (Juniperus bermudiana, also called Bermuda cedar) trees that grew thickly over the whole
island. Establishing effective control over the Turks Islands, Bermudians deforested their landscape to begin the salt trade that
would become the world's largest, and remained the cornerstone of Bermuda's economy for the next century.
Bermudian sailors would turn their hands to far more trades than supplying salt, however. Whaling, privateering, and the merchant trade were all pursued vigorously. The Bermuda
sloop became highly regarded for its speed and manoeuvrability. Indeed, at the end of the Battle of Trafalgar, the Bermuda sloop HMS Pickle,
one of the fastest vessels in the Royal Navy, raced back to England with news of the victory
and the death of Admiral Lord Nelson.
After the American Revolution, the Royal Navy
began improving the harbours and built the large dockyard on
Ireland Island, in the west of the chain, as its principal naval base guarding
the western Atlantic Ocean shipping lanes. The British attacks that would result in the creation of "The Star-Spangled Banner"
were planned and launched from Bermuda, the Royal Navy's 'North American Station'. It was here that the British soldiers
conglomerated and were sent to attack Baltimore and Washington. Years after the war, Bermuda's Royal Naval Dockyard would be
fortified against possible US attacks by James Arnold in 1816. Arnold was the son of famed US traitor, Benedict Arnold. [3] Today, the "Maritime Museum" stands on the site of the Old Comminsioner's house in the Royal Naval Dockyard and houses
artifacts of the base's military history.
As a result of Bermuda's proximity to the southeastern U.S. coast, it was regularly used by Confederate States blockade runners during the
American Civil War to evade Union naval vessels and bring desperately needed war
goods to the South from England. The old Globe Hotel in St. George's, which was a centre of intrigue for Confederate agents, is
preserved as a museum open to the public.
In the early twentieth century, as modern transport and communication systems developed,
Bermuda became a popular destination for wealthy American, Canadian and British tourists. In addition, the Smoot-Hawley Tariff Act enacted by the United States
against its trading partners in 1930 cut off Bermuda's once-thriving agricultural export trade – primarily fresh vegetables to
the US – spurring the overseas territory to develop its tourist industry, which is second behind international business in terms
of economic importance to the island.
Politics
-
Executive authority in Bermuda is invested in The Queen and is
exercised on her behalf by the Governor. The governor is appointed by the Queen on
the advice of the British Government. Defence and foreign affairs remain the
responsibility of the United Kingdom, which also retains responsibility to ensure good government. It must approve any changes to
the Constitution of Bermuda. Bermuda now exists as a dependent territory of Britain, but it is the oldest British colony. In
1620, a Royal Assent granted Bermuda limited self-governance, thus making Bermuda's Parliament the third oldest in the world,
behind only England and Iceland[4]
The Constitution of Bermuda came into force on June 11967 and
has been amended in 1989 and 2003. The head of government is the
premier. A cabinet is nominated by the premier and appointed officially by
the governor. The legislative branch consists of a bicameral parliament modeled on the
Westminster system. The Senate is the
upper house consisting of eleven members appointed by the governor on the advice of the premier and the leader of the opposition.
The House of Assembly, or lower house, has thirty-six members elected by
the eligible voting populace in secret ballot to represent geographically defined precincts. Elections must be called at no more than five-year intervals.
The current governor is Sir John Vereker, appointed on April 11 2002. Following his victory over former Premier Alex Scott at the Progressive Labour
Party delegates' conference in October 2006, the current premier is Ewart Brown. The
United Bermuda Party serves in opposition. The Progressive Labour Party leadership supports independence from the United Kingdom,
although polls continue to indicate that this is not supported by the population. A referendum in 1995 on independence was defeated by a substantial margin.
There are few accredited diplomats in Bermuda. The United States maintains the largest mission in Bermuda - comprising both
the United States Consulate and the U.S. Customs and Border
Protection Services at the Bermuda International Airport. U.S.
Consul General Gregory W. Slayton is the U.S. Chief of Mission in Bermuda. Given that the United States is by far Bermuda's
largest trading partner - providing over 80% of total imports, 85% of tourist visitors while there is an estimated $100 billion
of U.S. capital in the Bermuda insurance/re-insurance industry alone - and the fact that an estimated 12 - 15% of Bermuda
residents are U.S. citizens - American diplomatic presence is seen as an important element in the Bermuda political
landscape.
Parishes and municipalities
-
Bermuda is divided into nine parishes and two municipalities.
Bermuda's nine parishes are:
Bermuda's two municipalities are:
Military
Remembrance Day Parade, Hamilton, Bermuda.
-
Once known as the Gibraltar of the West, the defence of Bermuda remains the responsibility of the British Government.
Until the American Revolutionary War, following which Bermuda became the
Royal Navy's Western Atlantic headquarters, the Bermuda Government had maintained militia for
the defence of the colony. Once the Royal Navy established a base and dockyard defended by regular soldiers, however, these
militias became superfluous and were disbanded following the War of 1812. At the end of the
nineteenth century, the colony did raise volunteer
units to form a reserve for the military garrison.
Due to its strategic location in the North Atlantic Ocean, Bermuda was vital to the Allies' war effort during both World Wars
of the twentieth century, serving as a marshalling point for trans-Atlantic convoys, as well as a naval and air base (during the
Second World War).
In May 1940, the U.S. requested base rights in Bermuda from the United Kingdom, but British
Prime Minister Winston Churchill was initially unwilling to accede to the American
request without getting something in return.[5] In
September, 1940, as part of the Destroyers for Bases Agreement, the
United Kingdom granted the U.S. base rights in Bermuda. Bermuda and Newfoundland were not
originally included in the agreement, but both were added to it, with no war material received in exchange. However, one of the
terms of the agreement was that the airfield the US Army was to build in Bermuda would be used jointly by the US and the UK
(which it was for the duration of the war, with RAF Transport Command relocating there from Darrell's Island in 1943). Construction began in 1941 of two airbases consisting of
5.8 km² (2¼ mi², 1,400 acres) of land, largely reclaimed from the sea. For many years, Bermuda's bases were used by
U.S. Air Force and, later, Navy planes patrolling the Atlantic for enemy submarines, first German and, later, Soviet. Although
leased for 99 years, U.S. forces withdrew in 1995, as part of the wave of base closures following the end of the Cold War.
Canada, which had operated a war-time naval base, HMCS Somers Isles, on the old Royal
Navy base at Convict Bay, St. George's, also established a radio-listening post at Daniel's Head, in the West End of the
islands during this time.
In the 1950s, after the end of World War II, the Royal Naval dockyard and the military garrison were closed. A small supply
base continued to operate within the dockyard area until it, too, was closed in 1995, along with the American and Canadian
bases.
In both World War I and World War II, Bermudians
served in British military forces. Amongst the latter was Major-General Glyn Charles Anglim
Gilbert, Bermuda's highest ranking soldier. After the war, he was instrumental in developing the Bermuda Regiment. A
number of other Bermudians and children of Bermudians had preceded him into senior ranks, including Bahamian-born Admiral
Lord James Gambier, and Bermudian-born Royal Marines Brigadier Harvey, who, when promoted to that rank at age 39, following his wounding at the
Anzio landings, became the youngest-ever Royal Marine Brigadier. The Cenotaph memorial in front of the Cabinet Building (in Hamilton) was erected in tribute to Bermuda's Great War
dead (the tribute was later extended to Bermuda's Second World War dead) and is the site of the annual Remembrance Day
commemoration (see photo, above).
Today, the only military unit remaining in Bermuda is the Bermuda Regiment, an
amalgam of the voluntary units originally formed toward the end of the nineteenth century. Although the Regiment consists of
'voluntary units' there still exists conscription in which balloted males are required to serve for three years, two months part
time, once they turn eighteen.
Role in International Relations
Even though Bermuda has no seat in the UN and is still under the protection of the United Kingdom, its status as a British
Dependent Territory and its location in close proximity to the United States made it the ideal location for many significant
aspects of International Relations.
During the Boer Wars many Canadian sympathizers were amongst the near 5,000 prisoners sent by the British from South Africa to
Bermuda's smaller islands to be held as prisoners. This was not Canadians only connection with the Island however; it is claimed
that Samuel Champlain de Brouage, who would found Quebec in 1608, has sighted Bermuda in 1600 and thought the Island to be too
dangerous to inhabit. He was probably correct considering the vast natural reefs that surround the Island which claimed the lives
of many sailors. It was for the fact that Bermuda was so isolated that the British decided to use the territory as a prison to
prevent the captives from returning to fight.[6]
Perhaps the greatest role of Bermuda in International Relations is connected to the four summit conferences between British
Prime Ministers and US Presidents. The first Summit was held in December 1953 at the insistence of Sir Winston Churchill in order
to discuss the suggestion of Stalin to reunify Germany under Soviet control. Participants at the conference included Churchill,
Eisenhower and French Premire Laniel. The decisions made at the summit were of the utmost secrecy to the point that the British
point called it ridiculous. In 1957, the second summit conference was held, this time MacMillian was the British Prime Minister
and he arrived earlier than President Eisenhower to make it clear that they were meeting on British territory, as tensions were
still high regarding the conflict over the Suez Canal in the previous year. It was said the two discussed the general situation
of the world. MacMillian would return in 1961 for the third summit with now President John Kennedy, who undoubtedly knew the
Island better from his numerous personal visits. The meeting was called to talk over the erection of the Berlin Wall. The final
summit conference came ten years later, attended by British Prime Minister Heath and US President Nixon. It was here when Nixon
announced the US lift of the ten percent customs duty on foreign imports, particularly British goods. Bermuda has undoubtedly
left its mark on international relations, as the 'perfect location' for global conferencing[7].
Geography
-
Bermuda is located in the North Atlantic Ocean, roughly 580 nautical miles (1070 km,
670 mi) east-southeast of Cape Hatteras on the Outer Banks of North Carolina and roughly 590 nautical miles (1100 km, 690 mi) southeast of Martha's Vineyard (see map). It has 103 km (64 mi) of coastline. There are two incorporated municipalities in Bermuda: the City of Hamilton and the Town of St. George. Bermuda is
divided into various "Parishes", in which there are some localities called "villages", such as Flatts Village, Tucker's Town and
Somerset Village.
Although Bermuda's latitude is similar to that of Savannah, Georgia, the subtropical climate of Bermuda is warmed by the
nearby Gulf Stream. The climate is humid and, as a result, the summertime heat index can be
high, even though mid-August temperatures rarely exceed 30°C (86°F). Winters are mild, with average daytime temperatures in January and February around 20°C
(68°F), although the occasional Atlantic winter storms can produce powerful winds and heavy rain, with the "apparent air
temperature" feeling like 5°C (40°F), even though the actual temperature rarely drops below 10°C (50°F).
The only source of fresh water in Bermuda is rainfall, which is collected on roofs and catchments (or drawn from underground
lenses) and stored in tanks. Each dwelling usually has at least one of these tanks forming part of its foundation.
Economy
-
Bermuda's currency is the Bermudian dollar, which is pegged to the US dollar. US notes and coins are used
interchangeably with Bermudian notes and coins within the islands for most practical purposes, however banks levy a small
exchange rate for the purchase of US dollars with Bermudian dollars.[8] Bermudian notes carry the image of HM Queen
Elizabeth II. The Bermuda Monetary Authority is the issuing authority for all banknotes and coins, as well as being
responsible for the regulation of financial institutions.
Bermuda's per-capita income is approximately 50% higher than that of the United States; according to the Bermuda Government's
Economic Statistics Division, Bermuda's GDP was $4.857 billion in
2005, or $76,403 per-capita, giving Bermuda the highest GDP per capita in the world.[9]
The affordability of housing has become a prominent issue over the past few years. The CIA World Factbook lists the average
cost of a house in June 2003 as $976,000,[10] while real
estate agencies have claimed that this figure had risen to $1.6 million by 2006,[11] and to $1.845 million by early 2007,[12] though such high figures have been disputed.[13]
Bermuda is regarded as a premier offshore business jurisdiction, with low
direct taxation on personal or corporate income. The local tax system is based upon import duties,
payroll taxes and consumption taxes. The legal system prevailing is derived from that of the United Kingdom, with recourse to
English courts of final appeal. This is regarded as advantageous by many international trading entities and banks.
As the offshore domicile of many foreign companies, Bermuda has a
highly-developed international business economy; it is a financial exporter of
financial services. (primarily insurance, reinsurance,investment funds and special purpose vehicles (SPV) )
Large numbers of leading international insurance companies are based in Bermuda making the territory one of the world's
largest reinsurance centres.[14] Those internationally
owned and operated businesses that are physically based in Bermuda - of which there are around four hundred - are represented by
the Association of Bermuda International Companies (ABIC). In total, over 1,500 exempted or international companies are currently
registered with the Registrar of Companies in Bermuda.
Thanks to its favorable tax regime and a highly reactive regulatory framework Bermuda is the domicile of choice for the
implementation of insurance related innovative solutions also known as Alternative
Risk Transfer (ART). ART includes captive insurances, Finite Risk insurance and insurance securitization such as
Cat bonds.
The Bermuda Stock Exchange first established in 1971 is now the world's largest fully electronic
offshore securities market, with a current market capitalization (excluding mutual funds) in excess of US$ 330 billion[citation needed]. There are four hundred securities
listed on the stock exchange, of which almost three hundred are offshore funds and alternative investment structures, attracted
by Bermuda's regulatory environment. The Exchange specializes in listing and trading of capital market instruments such as
equities, debt issues, funds (including Hedge Fund structures) and depository receipt programmes.
The BSX is a full member of the World Federation of Exchanges and is
located in an OECD member nation. It also has
Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules and Designated Investment Exchange
status by the UK's Financial Services Authority.
Tourism is Bermuda's second largest industry, with the island attracting over one-half million visitors annually, of whom more
than 80% are from the United States. Other significant sources of visitors are Canada and the United Kingdom. Tourists arrive
either by cruise ship or by air at Bermuda International Airport, the only
airport on the island.[15]
Sightseeing and attractions
St. David's Lighthouse, still in daily use.
Renowned for its pink sand beaches and natural beauty, Bermuda offers a number of other attractions, as well. Historic St.
Georges is a designated World Heritage Site. Scuba divers can explore numerous wrecks and coral reefs in relatively shallow water (typically 30–40 ft. depth) with virtually unlimited visibility. Many
nearby reefs are readily accessible from shore by snorkelers, especially at Church Bay.
Bermuda's most popular visitor attraction is the Royal Navy Dockyard and Museum. Other attractions include the Aquarium and Zoo, Bermuda Underwater Exploration Institute, the
Botanical Gardens, lighthouses, and the Crystal Caves with its impressive stalactites and underground saltwater pools.
It is not possible to rent a car on the island, however visitors can hire scooters for use as private transport, or use public transport.
Arts and culture
-
Bermuda's culture is a mixture of the various sources of its population, though little trace remains of the various
Spanish-Caribbean, African, Irish or Scots cultures that would have been evident in the seventeenth Century, with Anglo-Saxon
culture becoming dominant. Today, the only language other than English which is spoken by any substantial part of the population
is actually Portuguese, following one hundred and sixty years of immigration from Portuguese
Atlantic islands (primarily the Azores, though also from Madeira
and the Cape Verde Islands). There are strong British influences, together with
Afro-Caribbean. A second wave of immigration from the West Indies has been sustained
throughout the twentieth Century, although, unlike the Blacks who immigrated from that area as indentured servants (or who were
imported as slaves) in the seventeenth Century, the more recent arrivals have mostly come from English speaking countries
(albeit, most of the West Indian islands whose populations now speak English were then part of the Spanish Empire). This new
infusion of West Indians has both accelerated social and political change, and diversified Bermuda's culture. West Indian
musicians introduced calypso music when Bermuda's tourist industry was expanded with the increase of visitors brought by
post-Second World War aviation. While calypso music appealed more to the visitors than to the locals, Reggae has been embraced since the 1970s with the influx of Jamaican immigration.
Bermuda's literary history was largely limited to non-Bermudian writers commenting on the island. In the twentieth century, a
large number of books were written and published locally, though few were aimed at a wider market than Bermuda (most of these
being scholarly reference books, rather than creative writing). One Bermudian novelist, Brian Burland, has achieved a degree of
success and acclaim internationally, although the first (and undoubtedly the most important, historically) notable book credited
to a Bermudian was the History of Mary Prince, a slave narrative by a Bermudian woman, Mary
Prince, which helped to end slavery in the British Empire. Bermuda's proximity to
the United States means that many aspects of US culture are reflected or incorporated into Bermudian culture. Many non-Bermudian
writers have also made Bermuda their home, or have had homes here, including A.J. Cronin
and F. Van Wyck Mason, who wrote on Bermudian subjects.
Dance and music are important in Bermuda. The dances of the colourful Gombey
Dancers, seen at many events, were influenced by imported Native
American and African slaves.
Bermuda has produced, or been home, to actors (such as Earl Cameron,
Diana Dill, and most famously, Michael Douglas and
Catherine Zeta-Jones. Noted musicians have included local icons The Talbot Brothers, who performed for many decades in both Bermuda and The United States
(and appearing on Ed Sullivan's televised variety show), jazz pianist Lance Hayward, pop singer Heather Nova and more recently dancehall
artist Collie Buddz. In 1979, Gina Swainson was
crowned "Miss World".
Every year Bermuda hosts an International Film Festival, which shows many independent and interesting films. One of the
Festival founders is film producer and director Arthur Rankin, Jr., co-founder of the
Rankin/Bass production company.[16]
Bermuda watercolours painted by local artists are sold at various galleries and elaborately hand-carved cedar sculptures are
another speciality. One such 7 ft. sculpture created by Bermudian artisan Chesley Trott is on display at the airport's
Baggage Claim area. Local artwork may also be viewed at several galleries around the island. Alfred Birdsey was one of the more
famous and talented watrercolorists, his impressionistic landscapes of Hamilton,
St. Georges and the surrounding sailboats, homes, and bays of Bermuda are
world-renowned. He also painted some sailboat artwork that was used to promote the America's
Cup whne is sailed from Newport, RI, USA to Bermuda.
Sports
-
Bermuda's 2004 Olympic team at the Opening Ceremonies, as televised by
NBC.
Sport is a popular pastime in Bermuda, especially rugby, sailing, cricket, golf, and
football (soccer).
Bermuda's national cricket team participated in the Cricket World Cup 2007 in the West Indies. Their most famous
player is a 130 kg (290 lbs, 20½