Insurers Flock to Bermuda Because

Insurers flock to Bermuda because:

A) it is a tax haven with no taxes on income, withholding, capital gains, premiums, or profits.
B) the people are risk-averse, have a lot of money to spend, and do not have insurers.
C) its government provides full protection to insurers when catastrophes hit.
D) income earned in this country is allowed to enter other countries without verification from the host country.
E) the people are risk-seekers and have a lot of money to spend.