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Dear Dave, My husband and I have four kids, and I make $50,000 a year. He runs a small business that has been floundering for a while now, so we’re basically living off my income. Part of that income is going into the business. Plus, we don’t have mu...

The Royal Gazette/BSX Index yesterday closed unchanged at 1,988.17. A total of four companies saw movement, but no change in their prices. The Bank of Butterfield was at $32.60 after 1,466 shares changed hands. On the New York Stock Exchange, the ban...

Insurance chiefs are more worried by threats from too much regulation and technological change than any other business sector. And they also fear the effects of changing customer behaviour and competition from new entrants to the market than other ar...

James River Group Holdings Ltd’s profits surged in the fourth quarter, propelled by a 60 per cent growth in gross premiums written. The Bermudian re/insurer recorded net income of $25.7 million for the three months ended December 31 and a record $74....

This is the first part of a two-part article on the impact of the fourth industrial revolution on reinsurance. The previous industrial revolutions have had a profound impact on the world as we know it, introducing mechanisation and mechanised product...

Young businessman Nick Thomson has gone full throttle with a new business concept — a used bike dealership. And Scooter Mart offers services like a guaranteed repurchase scheme for shorter-term residents, with a guaranteed repurchase price, as well a...

The XL Group board has backed a massive $1 billion share buyback programme, the company announced today. And the insurance and reinsurance giant will pay a quarterly dividend of 22 cents a share on its common shares at the end of next month, up two c...

The Trump presidency could be good for business and investors, an island asset management firm said yesterday. Bryan Dooley, general manager of LOM Asset Management, said: “We see a lot of positives — the whole pro-business attitude is good for marke...

Jonathan Kent, Business Editor Maiden Holdings Ltd shares plunged by nearly 10 per cent yesterday after the reinsurer said it was taking a $120 million charge to boost reserves in its commercial auto division. The Bermudian company, which has offices...

The Bermuda trust is a popular estate planning vehicle for private clients wishing to structure their affairs in a tax efficient manner. There are a whole host of reasons why this is so, including asset protection, preservation of wealth for future g...