Why 60,000 People Live on a Rock with Zero Resources — Bermuda’s Hidden Wealth

No rivers. Limited land. A long way from almost everything. So why do around 60,000 people call Bermuda home—and how did this small Atlantic island become a major hub for global insurance? Cora follows the story from a shipwreck and rain-catching roofs to salt, tourism and the business of sharing catastrophe risk. Then we step beyond the impressive GDP figures to ask what life on this expensive island actually feels like for the people who live there. CHAPTERS 00:00 Why live here? 00:30 Welcome to Bermuda 00:47 A shipwreck changes the story 01:31 An island without rivers 01:56 The roof is part of the water system 03:11 Cedar, salt and Atlantic trade 03:49 The labour behind the island economy 04:10 From visitors to international business 05:13 Why companies cluster here 05:56 How reinsurance works 07:19 The catastrophes that changed the market 07:55 Hurricane Ian and the cost of risk 09:03 The jobs behind the numbers 09:36 The tax story changes 10:09 GDP is not a household salary 10:40 Imports and the cost of living 12:14 Why people still call it home 12:42 The real resource CORA ELSEWHERE explores the hidden reasons places work the way they do.