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A new restaurant and bistro plans to boost traffic through Washington Mall. The Cottage Café & Bistro, owned by experienced chef Brian Richens and on the mall’s second floor, aims to provide a slower-paced, more sophisticated approach to standard bre...

Technological innovation is already decreasing back-office and distribution costs in the insurance industry — but its biggest financial impact could come in underwriting. Michael Coles, chief executive officer of Cedent, told delegates at a reinsuran...

A set of ILS securities totalling 255 million euros ($265 million) has been admitted for listing on the Bermuda Stock Exchange. The principal at-risk variable rate notes from Horse Capital I DAC are due in June 2020. There are three tranches of notes...

Canadian investment and insurance company Fairfax Financial Holdings Ltd has agreed to buy Allied World Assurance Company in a $4.9 billion cash and stock deal. The proposed transaction has been unanimously approved by the directors of both companies...

Insurance firm BF&M went up 50 cents to $20.50 on The Royal Gazette/BSX Index. The move, equal to 2.5 per cent, came after 12 shares traded. The Bank of Butterfield dropped 50 cents, or 1.6 per cent, to $30 after 3,360 shares sold. On the New York St...

One of the things I failed to learn after writing a book was the simple fact that methodically demonstrating a thing with data and evidence doesn’t resolve that issue. I shouldn’t have been so naive, given that some people still are flat-earthers, or...

Dear Dave, We just started following your plan, and we have $39,000 in debt. We make $55,000 a year, and two of our smaller debts — one car and a credit card — are both $7,500. The credit card has a higher interest rate, so my wife thinks we should p...

Cuts in the corporate tax rate in the US in the wake of Donald Trump’s White House victory could hit Bermuda, experts warned yesterday. Michelle Seymour Smith, CEO of Arch Re, said: “This is one that’s coming to us sooner rather than later. “I believ...

A new online store selling premium sailing kit has launched a new website. And Mary Geraghty, business development manager of Lir Bermuda, said that, although the island was on the crest of an America’s Cup wave, demand for quality gear would always ...

Disruption is coming to the insurance industry — and for those who fail to adapt and innovate, it will be disastrous. That was the consensus among a panel of experts who spoke at a conference in Hamilton yesterday. They described how a transformation...