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Dear Dave, Is it okay to give very young children an allowance? — Christie Dear Christie, Teaching kids there’s an emotional connection between work and money is one of the best things you can do as a parent. Once your kids are old enough to do a fe...

Insurance prices are increasing at an accelerating rate, according to Evan Greenberg. The chief executive officer of Chubb Corp expressed his thoughts on a firming market after the group beat Wall Street estimates with third-quarter net income of $1....

Bermudian hospitality businesspeople Dennie O’Connor and Jennifer Turini Ysseldyke are on a roll. Yesterday, the joint venture in which they are partners was awarded the food and beverage concession in the new airport passenger terminal that is expec...

LONDON (AP) — Willis Towers Watson yesterday reported third-quarter earnings of $75 million. The London-based company said it had net income of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.31 per share. The results ...

Markel Corp reported third-quarter earnings of $193.4 million as underwriting performance improved. The Glen Allen, Virginia-based company with re/insurance operations in Bermuda said it had net income of $13.95 per share. The results exceeded analys...

Shares of Butterfield Bank spiked 9.6 per cent on the Bermuda Stock Exchange. The bank gained $2.90 to close on $33 as 778 shares changed hands. Butterfield’s US-listed shares also advanced, adding 15 cents, or 0.66 per cent, to close on $32.66 on th...

Insurers and reinsurers may not be able to stop climate change, but they can take a role in reducing its effects and helping people recover when catastrophes happen. Ways they can do so include incentivising property owners to make wiser choices abou...

When People’s Pharmacy opened on Victoria Street, exactly 35 years ago today, the freezer was so small staff had to go inside sideways to get something out. “I remember we used to order 12 of this or 12 of that,” said co-founder Donna Pearman. “We ha...

The Bermuda Chamber of Commerce is holding a lunch-and-learn information session on “unconscious bias”. The session will be presented by FranklinCovey principal partner Martha Kirkland and leadership consultant Richard James. The interactive and inf...

Axis Capital Holdings Limited suffered a “disappointing quarter” as its income was impacted by typhoons in Japan, Hurricane Dorian and some losses in its credit and aviation lines of business. The Bermudian-based insurer and reinsurer made a profit o...