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Breaking News: Premier congratulates Obama and pledges to protect Bermuda's interests

Premier Dr. Ewart Brown has written to US president-elect Barack Obama offering to work with him on any agenda involving Bermuda – but also pledging to protect the interests of the Island.

In his letter, the Premier says he proudly joins in with other leaders around the world in offering congratulations on his ‘historic election victory’.

The letter adds: “The United States and Bermuda have mutually benefited from a 400-year partnership which includes tourism, insurance, healthcare and education. I look forward to working with your administration on strengthening those ties, particularly insurance, which plays a critical role in keeping homeowner insurance affordable for Americans living in the path of hurricanes in states like Louisiana, Texas and Florida.

“For example, Bermuda-based insurance and re-insurance companies have paid out $30 billion in claims to U.S. policyholders between 2001 and 2008 to cover catastrophic events.”

The letter continues: “In the New Year your administration will have a robust agenda that requires urgent attention. Wherever that agenda might involve Bermuda, I stand ready to assist you reach your objectives while also protecting the interests of Bermudians.”

* For the full story see tomorrow's Royal Gazette.