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The Bermuda captive of one of the world’s largest companies has continued strong operating results over the past five years, driven partly by robust underwriting profits and the absence of large losses. Some evidence of this for the single-parent cap...

Amid highly uncertain market conditions, rating agency AM Best said it was maintaining a stable outlook on the global reinsurance industry because there were counterbalancing positive and negative factors. Negative drivers for the industry include th...

Retailers threatened by the rise of e-commerce need the Christmas holiday shopping season more and more to rescue their financial year. Increasingly, they have welcomed the added feature of the Black Friday/Cyber Monday boost. But not Makin’ Waves on...

Tax campaigners said a recent Court of Justice of the European Union decision may have weakened EU/OECD anti-money laundering efforts, but the battle over the right to freely access information on beneficial owners of private companies has now moved ...

The European Union is still mulling this month’s landmark ruling by the European Court of Justice that EU law does not permit beneficial ownership information to be freely available to the public. The Financial Mail On Sunday called it “a major blow ...

The United Nations Environment Programme's Principles for Sustainable Insurance initiative is this week scheduled to give a progress update on the Sustainable Insurance Facility, an initiative to develop a pipeline of insurance solutions for micro, s...

The top European court has struck down a European Union mandate for public registers of beneficial ownership of all companies. In a decision which could stall global efforts to force countries to have open beneficial registers, the European Court of ...

American insurers will have to face some harsh economic realities affecting the broader market in the year ahead, analysts say. A Fitch Ratings overview of the outlook from analysts during Fitch Ratings’ 2022 North American Insurance Conference outli...

An idea to combine the Government’s emphasis on vertical farming with the future of Bermuda’s cash-strapped football clubs has been hailed by an international football legend. A 40-person thought leadership round table, hosted by the Bermuda Football...

Former finance minister Curtis L. Dickinson has been appointed as executive adviser to the Bermuda International Long Term Insurers and Reinsurers. Biltir made the announcement today as it appointed Christine Patton as the next executive director, as...