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Dear Dave, I’d like to get involved in real estate investing, but I don’t have a lot of cash at present. What do you think of the idea of crowdfunding as a way to invest in real estate? — Adam Dear Adam, I’ve got a bunch of real estate, and I love i...

The insurance industry is one major loss event away from a crisis, a company CEO has warned. Alex Maloney, CEO of Lancashire Holdings, said the current regime of tight margins was “unsustainable” and a catastrophe could change the dynamics of the mar...

Lloyd’s of London insurer Neon is celebrating its first year in Bermuda. Chris Fisher, the chief executive officer, started the firm with just one other staff member. It now has a staff of six, with plans to recruit another. Mr Fisher hopes to grow t...

British Airways marked 80 years of service to the island with a glitzy reception at the Hamilton Princess last night. And the airline marked the occasion by announcing a limited-time 20 per cent discount on fares for Bermuda-London flights. Michael D...

Organisers are hoping to attract a record attendance to this year’s Bermuda Captive Conference in September. The event is normally held in June, but has been moved to September due to the island’s hosting of the America’s Cup throughout June. Last ye...

Bermuda’s economy slipped back into recession — at least by one widely used definition — in the last quarter of last year, according to figures released by the Department of Statistics yesterday. In the fourth quarter of 2016, gross domestic product ...

Warwick Academy yesterday notched up a double in the annual KPMG Investment Challenge for schools. The #Inspire team took the top spot in a field of 19 teams, with schoolmates Front Street Wolves taking second spot. All the teams were given a virtual...

The board of Women in Reinsurance has three new members. WiRe was set up to encourage the development and promotion of women in the industry. The three new board members are Tracey Gibbons, senior vice-president for specialty reinsurance at Allied Wo...

Insurance firm BF&M today gained 35 cents to $20.95 in Bermuda Stock Exchange trading. The 1.7 per cent rise came as 500 shares changed hands. Utilities firm Ascendant Group was static at $8.50 after 6,300 shares were traded. The Bank of Butterfield ...

First-quarter profit surged 33 per cent for Bermudian insurer Argo Group. Net income was $36.7 million, or $1.19 per diluted share, compared to $27.7 million, or 89 cents per share, for the first quarter of 2016. The company said it had benefited fr...