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A subsidiary of Bermuda-based insurer Ironshore has bought out a Dubai-based underwriter as it looks to expand its business in Asia and Africa. Ironshore International said it completed the acquisition of Visionary Underwriting Agency last month. Vis...

Dear Dave, How do I get my girlfriend to take a more active role in planning a family budget? We’re getting married in a few months, and everything between us is great except for this one area. She seems to want me to handle the money, and make all ...

For people without enough money to retire, one solution seems obvious: keep working. But life often gets in the way. Health issues make it impossible to work, or they lose a job and can’t find another. Here’s another factor that disrupts the best int...

Bermuda re/insurer Validus Holdings Ltd has secured more than half a billion dollars for its third-party capital arm to deploy this year. The $564 million of new subscriptions and commitments for AlphaCat Managers Ltd consists of $409 million for the...

One of Bermuda’s longest running gyms is to close following a merger with a competitor. The Olympic Club in Hamilton is to shut its doors, with its lease due to expire in the next few months. The club on Hamilton’s Dundonald Street, operated by Scott...

A worldwide organisation for women working for hedge funds is aiming to set up a Bermuda branch. The Bermuda Business Development Association (BDA) said that the New York-based 100 Women in Hedge Funds (100WHF) chief executive officer Amanda Pullinge...

Shares of three major oil tanker companies based in Bermuda have rocketed as oil prices plummet. In the past three months Frontline has seen its share price boosted 159 per cent, while shares in Teekay Tankers are up 78 per cent, and shares in Nordic...

A Bermudian fund manager in London has been tipped as a rising star by one of the UK’s biggest newspapers. James Thomson was one of a handful of fund managers singled out by the Daily Mail as a “City superhero” set to “turbo charge” clients’ investme...

A Bermuda-based subsidiary of a Swiss bank is at the centre of a probe by the Italian tax police into alleged tax-dodging involving around $9.45 billion. Officers from the Guardia di Finanza searched the offices of Credit Suisse in Milan last month i...