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Many people believe that insurers impacted by the Front Street fire will automatically raise their premiums to recoup their losses — but that is not the case, according to the head of the company that covered the gutted building. Fire ripped through ...

The Royal Gazette/BSX Index closed unchanged at 1,207.37. The only trading of the day involved 175 shares in insurance group Argus, which also closed unchanged at $3.90. The BSX Insurance Index ended the day down 2.52 points, or 0.15 per cent, at 1,6...

Dear Dave, My wife and I are on Baby Step 3 of your plan, and we’re about halfway to building our fully funded emergency fund. We don’t like our current home very much, and we’d like to sell and move as soon as possible. We have a little over $30,000...

Bermudian-based XL Group beat analysts' estimates for second-quarter earnings, but profits were hit by catastrophe losses and expenses related to its integration with Catlin Group. The company, which this month completed its redomestication to the is...

Hacking, cyberattacks, call it what you will. The phenomenon has been evolving for decades. And today, more than ever, it is imperative that businesses protect themselves robustly. With that in mind, Buddy Doyle, chief executive officer of Oyster Con...

Bermudian-based reinsurer Everest Re has struck a deal to sell its Heartland Crop Insurance subsidiary. CGB Enterprises, a provider of transportation and storage services, agreed to buy Heartland to expand its offerings to the agriculture industry. ...

The new head of professional services at real estate agents Rego Sotheby’s International Realty took a long and winding road to his profession. Shawn Brown originally graduated with a biology degree from the University of Toronto but, unable to find ...

Bermudian run-off specialist Catalina Holdings Ltd has agreed to buy the UK operations of Hartford Financial Services Group. The businesses come with assets of more than $1 billion and carry risks tied to asbestos and environmental insurance policies...

Veteran Sun Life Financial International employee Merrilyn Johnson has been promoted to head of international life distribution. Ms Johnson, who has worked at the Hamilton-based firm, which serves wealthy clients around the world, for 14 years, moves...

Lancashire Holdings made after-tax profits of $31.5 million for the second quarter of the year — down $7.4 million on the same quarter last year. Gross premiums written for the period totalled $199.8 million, an increase of $20.5 million on the $179....