Bermuda certainly deserves a spot in this year's top-10 storylist, no matter if you're looking back at the fact that playersliving large on that island paradise again enjoyed record earnings,or because of the storm clouds on the horizon threatening itsfuture.

Starting off on a positive note, as NU's Susanne Sclafanereported last month, "a second straight year of benign lossactivity contributing to a second year of record earnings" leftBermuda insurers and reinsurers, whether "old-timers to relativetoddlers," facing an "enviable problem--an embarrassment ofriches."

Ms. Sclafane noted that "in total, 17 companies tracked by NUreported overall net income jumps of nearly 6 percent inthird-quarter 2007, and 21 percent for the first nine months, whiletotal shareholders equity for the group rose more than 14 percentover...year-end 2006."

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