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Dear Dave, I know you talk about having an emergency fund of three to six months of expenses set aside. My husband and I are having a difficult time agreeing on exactly how much we should set aside for emergencies. How do you determine the exact amou...

Everest Insurance announced today that the company has purchased all outstanding remaining shares of its joint-venture partner, Salus Systems, LLC. Salus, founded in January 2017, develops and markets a collaborative safety management platform, Zero,...

Entrepreneurs now have until October 10 to submit ideas for innovative on-island experiences to the Bermuda Tourism Authority. The previous end-of-month deadline for applications has been extended due to interruptions caused by recent hurricanes and ...

Typhoon Faxai, which hit Japan three weeks ago, caused insured losses of between $5 billion and $9 billion, according to catastrophe modelling firm RMS. This estimate includes property damage and business interruption caused by typhoon wind and coas...

PwC in the Caribbean and the PwC US Charitable Foundation have donated a total of $375,000 to the disaster relief and recovery efforts in the Bahamas, the professional-services firm announced. The partners and staff of PwC firms operating in the Car...

The Bermuda Stock Exchange is to herald the start of trading on Monday with a ceremonial bell-ringing by City of Hamilton Town Crier, Ed Christopher, outside the organisation’s Victoria Street headquarters. Monday marks the beginning of World Investo...

They’re not exactly Gucci or Louis Vuitton, but Ray Beaulne’s bags have been trending hot this week. The Bag it Bermuda dumpster bags he sells out of Bermuda Rentals on Bakery Lane in Pembroke, can carry loads of 2,000 to 3,000 pounds, depending on ...

Willis Towers Watson has teamed up with governments and international organisations to launch the Coalition for Climate Resilient Investment. The insurance broker and risk advisory firm is leading the coalition, which aims to “transform infrastructur...

The Caribbean Catastrophe Risk Insurance Facility has made payouts totalling $12.8 million to the Bahamas Government after the devastation caused by Hurricane Dorian. Bermuda is a backer and member of the CCRIF, the world’s first regional fund utilis...

Typically, a Bermuda fund is incorporated as an exempted mutual fund, formed as an exempted limited partnership or established as a unit trust. The focus of this article is upon the first of the trio. As with most Bermuda companies, mutual fund com...