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Political unrest has hit the real estate market on the island, a real estate company has warned. Coldwell Banker Bermuda Realty’s first report of the new year said last year’s sales figures had suffered as a result of disruptions. The unrest included...

The trend towards mergers and takeovers is set to continue, predict experts at ratings agency AM Best. “While current markets conditions appear to be stabilising, competition remains intense and quality of earnings under pressure,” the agency said in...

Start-ups of biotech firms and insurance-linked securities operations are fuelling demand for commercial property, real estate firm Coldwell Banker Bermuda Realty said. And growth in the trust area of international business is also responsible for so...

Munich Re, through its Eden Re II Ltd collaterised sidecar, has had about $258 million of insurance-linked securities admitted for listing on the Bermuda Stock Exchange. The Series 2017-1 Class B participating notes, totalling $258,653,050, are due i...

The Royal Gazette/BSX Index closed unchanged at 1,962.51 after a day of no trades. On the New York Stock Exchange, the Bank of Butterfield dropped 39 cents, or 1.20 per cent, to $32.09. The BSX Insurance Index ended the day up 17.44 points, or 0.98 p...

Matthew Isaly has joined Hamilton Re as senior vice-president, head of information systems. It is a newly created position. He will work with Hamilton Re’s management team to set the direction of the company’s core information systems and to execute ...

Dear Dave, My husband has two trucks, one of which is a work truck at his construction site. It’s in really bad shape, and he wants to take $16,000 out of savings to buy another one. We only have $17,000 in the account. What should we do? CAROLINE De...

Reinsurance rates are struggling to stabilise due to profitable results achieved in 2016 and a continuing capital oversupply. That is the assessment of Willis Re, the reinsurance advisory business of Willis Tower Watson. And it has noted that while m...

A Bermuda real estate agents has moved four administrators into the front line as real estate agents. Rego Sotheby’s International Realty has moved Allison Settle-Smith from agency administrator to rental agent looking after both short and long-term ...

Almost $190 million of insurance-linked securities have been admitted for listing on the Bermuda Stock Exchange. Three tranches of notes have been issued by Willis Capital Markets & Advisory’s Resilience Re Ltd issuance platform. A $101 million pl...