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Hedge fund-sponsored reinsurers were not immune to the adverse market trends of 2015, as premium growth and underwriting performance was unfavourable across a composite of hedge fund reinsurers. That is the finding of AM Best, the insurance and ratin...

A client director from a Bermuda firm is to speak at a major conference on alternative investments to be held in Bermuda for the first time. Sarah Demerling, client director at Estera, will speak at the three-day World Alternative Investment Summit, ...

Reinsurers could save up to $10 billion in costs by using a new way of collating information. Arthur Wightman, head of professional services firm PwC Bermuda, said that blockchain — a computer file underlying a mutual distributed ledger where blocks ...

An award-winning international film company has set up shop in Bermuda. And Wishing Step Pictures is believed to be the first to use the island’s segregated accounts company structure to create a business — and it is hoped other filmmakers will follo...

The Bank of Butterfield dropped 15 cents, or 0.8 per cent, on The Royal Gazette/BSX Index. The fall came after 500 shares traded, the only movement of the day on the exchange. The shares ended at $19.25. The Royal Gazette/BSX Index closed down 6.75 p...

An ex-US Air Force counter-intelligence expert is to discuss the risk to business from organised crime in Latin America. Elman Myers, now a managing director at Bermudian-based Hiscox, will be the keynote speaker at the Alarys risk management confere...

BF&M has reported net earnings of $13.2 million for the first half of this year. That is a $1.8 million improvement on shareholders’ net income, year-on-year. It also represents an annualised return on shareholders’ equity of 9.9 per cent. However, t...

Dear Dave, Our three kids are enrolled in a private Christian school. It’s a great place, and we truly believe our kids are getting a wonderful, faith-based education, but the tuition is pretty expensive. We’ve already had to start digging into our s...

Board evaluation. Sounds like a performance appraisal doesn’t it? It’s funny how the words “appraisal” or “evaluation” create a negative response. A good appraisal system should result in constructive feedback which enables the appraiser and appraise...

It’s onwards and upwards for Alumiglas, which has moved to bigger premises and plans to open a retail area to augment its commercial side. The commercial glass and aluminium company is now located at 15 Cox’s Hill in Pembroke, just behind Auto Soluti...