Log In

ILS (Bermuda) Ltd, the organisers of Bermuda Convergence 2014, will focus on low investment returns in one panel session at next month’s event. ‘Relative value — how do opportunities in reinsurance funds compare to other asset classes?’ will be moder...

These schemes originate from the 1920s when Charles Ponzi, an infamous ‘investor’, promoted a number of scam investments which later became known as Ponzi schemes. The largest and probably most well-known Ponzi scheme, which brought in over $65 billi...

A new critical illness cover worth $20,000 has been introduced by insurance firm BF&M. The new benefit — a first for the Island — means health policy holders hit by major illnesses like heart attacks, cancer and kidney failure will be eligible for a ...

Bermuda Broadcasting Company shareholders have backed a restructuring of the firm, it was announced yesterday. BBC president Chris Perry said the changes would put the company “on a sound financial footing and to allow it to focus on its core busines...

Ignition Technology Group Ltd announced it has appointed Shannon Gosse to oversee business development in Bermuda. Mr Gosse’s duties will include the development, implementation and management of all key aspects of the business development efforts in...

NEW YORK (Bloomberg) — The Federal Reserve Board of Governors set an interest rate for American International Group’s 2008 bailout loan that was meant to prevent shareholders from reaping a “windfall”, the Fed’s top lawyer testified. With bankruptcy ...

Bermuda healthcare system — already among the world’s most expensive — is “unsustainable” on its current trajectory of rising costs, according to the boss of a leading health insurer. BF&M Ltd CEO John Wight said the demographics of an ageing populat...

Validus Holdings today announced that it has completed its acquisition of Western World Insurance Group, Inc. Western World, through its subsidiaries, is a speciality lines insurance company with a 50 year track record of profitability and is a pion...