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This is the third in a series of articles about the anatomy of a mortgage contract. Be aware that mortgage contract facts covered are generically-derived – your mortgage will be specific to your mortgage and your lender. We've covered mortgage f...

Dear Dave, After hearing you talk about financial infidelity, I have to admit that I hide money from my husband. I have been setting aside money for emergencies without his knowledge. He is not terrible with money, but he always seems to find somethi...

A leading crypto lawyer has called Bermuda a “unicorn” – a rare jurisdiction that has tangible, useful digital assets legislation. At the Bermuda Tech Summit 2022, Cal Evans, managing associate of Gresham International, classified global attitudes t...

The Royal Gazette/BSX Index fell 2.3 per cent for the week to close on 2,436.96. The Bank of NT Butterfield & Son fell $1.05, or 3 per cent, to close on $33.95, as 500 of its shares changed hands over the five days of trading. Butterfield was the onl...

Arch Capital Group Ltd booked a $550 million net loss from catastrophes, but still managed to report net income available to common shareholders of $6.9 million in the third quarter. That result compares with net income of $388.8 million for the 2021...

Axis Capital Holdings Limited has reported a net loss attributable to common shareholders of $17 million and operating income of $3 million in the third quarter. That compares with net income of $47 million and operating income of $1 million in the t...

An active catastrophe quarter and volatile market conditions drove a net operating loss of $205 million and a net loss of $319 million in the third quarter for Everest Re Group Ltd. That compares with a third quarter 2021 net operating loss of $53 mi...

After a three-year hiatus, Gary Harris will be back at Appleby Bermuda on Monday as an insurance partner. Mr Harris joins Appleby from Fortitude Re, where he was head of legal and compliance in Bermuda. Before that he worked for Appleby for six years...

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss of $2.8 million for the third quarter of the year. That compares with a $2.6 million net loss for the same quarter in 2021. The...

Bermudian Tyler Owen is to rejoin the Bermuda professional lines team at Axa XL as SVP, product line leader, the company announced. Mr Owen, whose appointment is effective on Monday, will report to Axa XL’s Bermuda professional lines chief underwriti...