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The US Federal Reserve’s unprecedented tightening of monetary policy may have slowed the inflation momentum, but an economist has warned that the Fed needs to “keep the pedal to the metal”. The latest edition of Economic Insights from the Swiss Re In...

The scheduled article for today was superseded by the concerning survey results conducted by Narrative Research Bermuda online from 382 adults featured on August 18 in The Royal Gazette. The report noted the following: • 56 per cent are spending les...

Dear Dave, How do you know if a will or a trust is best for you? – Monica Dear Monica, This is a great question, especially since August is National Make-a-Will Month in the United States. The first thing you should do is take a serious look at ...

The RG/BSX Index remained unchanged at 2,364.05 for the week with no trading activity on the Bermuda Stock Exchange at all. The Bank of N.T. Butterfield & Son Limited finished down 10 cents (0.29 per cent) for the day at $34.87 on the New York Stock ...

Argus Insurance is seeking the attention of institutional investors in a move to enlarge the company’s size. The position was underscored in the just released annual report. Even after recent moves to diversify the company’s holdings, including into ...

Bermuda Aviation Services Limited trimmed total operating expenses from continuing operations by $300,000 year over year and posted a total comprehensive income of $1.2 million for the year ended March 31, 2022, compared to a comprehensive loss of $1...

Karan Martin has taken on the role of chief operating officer at Legal & General Reinsurance, the second woman to join the senior leadership team this year. Melody Greenslade became head of human resources at L&G Re in June. Legal & General Reinsura...

Insurance industry veteran Carol Frey has joined Concert Group Holdings Inc as senior vice-president, business development, reporting to chief underwriting officer Joe Alberti. “I’m delighted to welcome Carol to the Concert team,” said Mr Alberti. “D...

Bermudian-based International General Insurance Holdings Ltd has reported a profit for the quarter ended June 30 of $21.8 million, compared to profit of $8.2 million for the prior year period. Core operating income was $29.4 million for the quarter, ...

Axa XL, the P&C and specialty risk division of Axa SA has awarded their 2022 scholarship to University of British Columbia Sauder School of Business student Daniel Osset. The Axa XL Scholarship is a full scholarship open to Bermudian or Permanent Res...