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Hiscox Re’s insurance-linked securities arm has added a new portfolio manager to its Bermudian-based ILS investment team. Aaron Garcia moved to the company from London re/insurer Novae Group, where he spent five years as an international property tre...

One Communications said today that all of its standard internet customers have been automatically upgraded to the company’s new high-speed FibreWire internet plans. The free upgrade, involving no service call to the home for the majority of customers...

Blue Capital Reinsurance Holdings Ltd said its book value fell 28 per cent during the third quarter. The plunge was driven by a $51.9 million net loss for the collateralised reinsurer, driven by hefty catastrophe losses. The reinsurer is managed by ...

What’s driving the stock-market rally? How you answer that question determines if you are a bull or a bear. I have been thinking about this for some time. Regular readers know I am in the bull column, and have been for some time — but only up to a po...

Dear Dave, I have a rental property that I still owe some money on, and I’ve just begun Baby Step 2 of your plan. Should rental property debt be included in the debt snowball? — Matt Dear Matt, No, it shouldn’t. Baby Step 2 of my plan is where you u...

Hurricane losses associated with Harvey, Irma and Maria piled up for Chubb Corp in the third quarter, contributing to pre-tax catastrophe losses of $1.9 billion. However, the operating loss per share was 13 cents, beating a Wall Street consensus of 2...

James Nevels has joined XL Group’s board of directors. His financial services and board experience includes being chairman of The Swarthmore Group, an investment adviser firm he founded in 1991, and as past chairman and lead independent director of T...

Exciting new changes are under way for a mini-golf course located in Dockyard. Since opening three years ago, Fun Golf has seen tremendous growth and is a favourite of both locals and overseas guests. Now it is planning to build a new restaurant by M...

Heritage Education Funds International has paid out a total of $46.7 million to families in Bermuda to fund their educational needs. The organisation, which runs savings plans aimed at helping with the costs of postsecondary education, added that i...

Everyone within a company has a role to play in helping to keep their organisation secure from cyberattacks. And blockchain technology could play a key role in cybersecurity in the future, but today we have as much inkling for its possibilities as ea...