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Hardening rates in insurance and reinsurance are a trend that is expected to continue, analysts ave been told. Making clear he supports that view – and that development – is Marc Grandisson, executive vice-president, chief financial officer & treasur...

One constant we can rely on today is change. Everything around us is changing. However, most leaders avoid conversations about change, deeming them “disruptive.” They sometimes play down change by labelling it as something different. However, recogni...

Top executives of Bermuda-based Conduit Holdings Ltd have declared their satisfaction with the interim results generated by the start-up operation, after a comprehensive loss of $12.4 million for the first six months. The company is the parent of Cla...

Part six: continuing Bermuda Insurance Monthly Series – last Saturday of each month The business of risk management and insurance encompasses millions of decisions, strategies, analyses, probability outcomes, the entire range of geography, all c...

Dear Dave, My fiancee and I want to make an offer on a house. She has a lot of late payments and a bad credit record, though, but she is working hard to manage her money better and get out of debt. I don’t make enough money to get a home loan by myse...

The RG/BSX Index closed unchanged at 2,513.89 in the absence of trading on the Bermuda Stock Exchange. The BSX daily trading report had the BSX Insurance Index at 1770.90, wit a change of 27.81 (1.60 per cent). The Bank of Butterfield closed up two c...

Bermudian-based Axis Capital Holdings Ltd has reported net income available to common shareholders of $228 million, or $2.67 per diluted common share, for the second quarter of the year. That compares to net income available to common shareholders of...

A wholly-owned subsidiary of Bermuda-based insurer Enstar Group Ltd has signed an agreement with Royal & Sun Alliance Insurance Limited to provide adverse development cover for certain UK, Irish and other business of RSA and its subsidiaries, in exch...

Butterfield bank remained upbeat when discussing with investors the proposed global corporate tax plan and how it could affect bank operations. Chairman and chief executive officer Michael Collins also provided an update Tuesday on the bank’s cost cu...