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Damage caused by Category 4 Hurricane Ida is expected to result in an insured loss of between $15 billion and $25 billion, Zurich-based Twelve Capital AG has estimated. The company is an independent investment manager specialising in insurance invest...

The global pandemic has highlighted climate change together with diversity issues such as inequity and social injustice – issues that also are increasingly being considered by executives and directors of the world’s modern banks as an evolving concer...

The RG/BSX Index finished down 2.38 points (0.09 per cent) at 2,594.32 after 200 Argus shares ($1,270) traded on the Bermuda Stock Exchange. The BSX/Insurance Index remained unquoted because of technical reasons. The Bank of Butterfield finished on t...

Bermuda-based Nordic American Tankers Ltd is planning for a brighter future as it weathers difficult present conditions, its boss has said. Herbjorn Hansson, founder, chairman and chief executive officer of the oil tanker company, said: “These are ch...

Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northstar Financial Services (Bermuda) Ltd and Omnia Ltd....

Positive attitudes and increased motivation have everything to do with the leaders and the individuals within the company. They also have a lot to do with the culture and a clear organisational identity that embraces and values positivity. Leaders mu...

Prominent firms from Bermuda’s international re/insurance community are participating in Dive In, the insurance industry festival promoting diversity and inclusion, September 21 to 23. A hybrid format to the event - themed ‘Active Allyship’ - makes t...

Leading offshore law firm Appleby is an Official Partner of the upcoming France Sail Grand Prix. Saint-Tropez, the world-renowned village on the French Riviera, will host the France Sail Grand Prix on 11-12 September as the fifth event of Season 2. ...

Just a day after releasing the April Retail Sales Index report, the Minister for the Cabinet Office yesterday reported May figures showing an overall volume increase of 10.4 per cent year-over-year. That figure was arrived at after adjusting for the ...

Dear Dave, I brought about $15,000 in student loan debt into our marriage. I’m 26, my wife is 27, and we’ve been married a little over a year. During that time, our parents have helped us out with financial gifts occasionally. Whenever this happens, ...