News & Announcements

Bermuda’s reinsurance market has not been immune to changes in the world’s economic market. A rise in mergers and acquisitions has led to an increase in redundancies within the Bermuda workforce. Employees should be aware of their rights when made redundant and should always seek legal advice to ensure that their redundancy is both lawful and fair. The Employment Act 2000 (the “Act”) provides that an employer can only make an employee redundant in certain conditions such as: