🇧🇲 Foreign ownership of Bermudian brands
24.1% of the 29 Bermudian brands with a controlling owner (7) are owned by a company headquartered outside Bermuda, most often in Japan, Canada and France. That ranks 31 of 94 countries analysed.
Which countries own them
| Owner headquartered in | Brands | Share of foreign-owned | Bar |
|---|---|---|---|
| 🇯🇵 Japan | 3 | 42.9% | |
| 🇨🇦 Canada | 1 | 14.3% | |
| 🇫🇷 France | 1 | 14.3% | |
| 🇶🇦 Qatar | 1 | 14.3% | |
| 🇺🇸 United States | 1 | 14.3% |
Largest foreign owners
| Owner | Headquarters | Bermudian brands owned |
|---|---|---|
| Sompo | 🇯🇵 Japan | 3 |
| Algonquin Power | 🇨🇦 Canada | 1 |
| Covéa | 🇫🇷 France | 1 |
| Markel Group | 🇺🇸 United States | 1 |
| Qatar Insurance Company | 🇶🇦 Qatar | 1 |
Where foreign ownership is highest
Top-level categories with at least 5 Bermudian brands that have a controlling owner.
| Category | Brands | Foreign-owned | Share |
|---|---|---|---|
| Finance & insurance | 16 | 6 | 37.5% |
| Travel & transport | 9 | 0 | 0% |
Examples
- Antares Re owned by Qatar Insurance Company
- Aspen Insurance owned by Sompo
- Bermuda Electric Light Company owned by Algonquin Power
- Endurance Specialty Insurance owned by Sompo
- Nephila owned by Markel Group
- PartnerRe owned by Covéa
- Sompo International owned by Sompo
How this is computed
Of 29 Bermudian brands recorded, 29 have a current controlling owner (outright or a stake of 50% or more, followed up to the ultimate parent). The other 0 are licensed, part-owned or lack a current owner and are left out. A brand is foreign-owned when that ultimate parent is headquartered in a different country from the brand's origin. Data as of . Method and ranking for all countries.
Coverage caveat. The brands tracked skew towards those held by large filing companies, so this overstates foreign ownership relative to every brand in the country; with this few brands, one acquisition moves the share noticeably. See also the Bermuda country page.