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Florida politicians do not understand how much risk their state is taking on through its publicly run catastrophe fund. And Bermuda’s reinsurance industry needs to work harder to get across the message that it can benefit Florida by shouldering more ...

The global economy is undergoing a seismic shift which will lead to the emerging markets collectively becoming larger than today’s developed economies during the next 35 years. That is one of the conclusions of a report by HSBC Global Research, entit...

Premier Craig Cannonier will lead a strong Bermuda contingent travelling to Denver next month for the Risk & Insurance Managers Society’s annual conference. Two of his Cabinet colleagues — Education and Economic Development Minister Grant Gibbons and...

Belco has put forward a change to its facilities charge that would cut electricity bills for nearly half of its residential customers — but more than one in four households would end up paying more. Those who consume the least electricity will benefi...

Belco has put forward a proposal to cut its facilities charge for residential customers who use the least electricity — which could result in a lower electricity bill for an estimated 44 percent of households. However, the 28 percent of households wh...

Bermuda registered 1,200 new companies last year — the most in five years. Education and Economic Development Minister Grant Gibbons said it was “one more sign that Bermuda is moving in the right direction after years of decline”. In a statement rele...

Business will go where the environment is the most predictable and friendly, says Ace Ltd. chairman and chief executive officer Evan Greenberg. To continue the success of its international business sector, Bermuda needs an infrastructure that can com...

As the economy struggles in the wake of the worst financial crisis in generations, the value of financial knowledge has rarely been so apparent. It was with that in mind that Riquette Bonne-Smith, executive director of the Centre for Talented Youth, ...

Nobody enjoys buying insurance — but it underpins the global economy, Catlin Group boss Stephen Catlin said in a speech in London this week. After his investiture as president of the Insurance Institute of London for 2010-11, Mr. Catlin also warned o...