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Build America Mutual, the only mutual US municipal-only bond insurer, has completed a $150 million, fully collateralised reinsurance agreement with Fidus Re Ltd, the Bermudian-based restricted special-purpose insurer. After the transaction, BAM’s cla...

Fleming Insurance Holdings, the Bermuda-based class 3A company, has signed a reinsurance agreement to transfer certain casualty risks of Conifer Holdings and its affiliated companies. Conifer, a specialty insurance holding company, offering customis...

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has appointed Michael Pearl as chief financial officer, effective January 1. At present he serves as Triton’s senior vice-president, treasurer....

Athene Holding Ltd, the Bermudian-based financial services company, has agreed to sell $400 million of 6.650 per cent senior unsecured notes due 2033. The offering is due to close Monday, subject to satisfaction of customary closing conditions. Athen...

American insurers will have to face some harsh economic realities affecting the broader market in the year ahead, analysts say. A Fitch Ratings overview of the outlook from analysts during Fitch Ratings’ 2022 North American Insurance Conference outli...

We covered great detail in the first three parts of “The Anatomy of A Mortgage Contract” series. Part one: mortgage description overview is composed of two contracts, a deed and a mortgage, kinds of mortgages available, overview of the process, ...

Dear Dave, I lost my job a couple of years ago. As a result, I ended up in about $25,000 of debt through credit cards and a consolidation loan. Now I have a great job making more than I’ve ever made before, plus a car loan for about $13,000. The olde...

The RG/BSX Index remained unchanged on Friday as it rose 24.25 points (1.02 per cent) for the week to close at 2,356.63. This, even though LOM Financial Limited fell 35 cents (6.4 per cent) to $5.15 on trading of 25,000 shares on the Bermuda Stock Ex...

Local mother, entrepreneur and inventor Antonia Holder — the founder of a new child-centred brand, Kids Digital Wellness — today announced the launch of an innovative ergonomically designed product to help children to practise safer screen time. The ...

Competition and rising costs have put pressure on margins for the Bermuda Aviation Services Group, the company has reported. The owner of BASFM, Otis, Weir Enterprises and Eastbourne Properties Limited made this observation as the group posted six-mo...