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James River Group Holdings, Ltd made a first-quarter profit of $22.7 million, or 75 cents per share. That was a 45 per cent improvement on the $15.6 million, or 52 cents per share, achieved a year ago. Adjusted net operating income for the first quar...

David Burt was invited to the State House in Boston by the Massachusetts Governor, Charlie Baker, to talk about the island’s links with the US Northeast. The Premier was accompanied by Curtis Dickinson, the finance minister. The discussion touched on...

Ten thousand insurance conference delegates in Boston got a surprise as they awoke to news yesterday that a $1.8 billion insurance and reinsurance start-up is being launched in Bermuda. For the contingent of representatives from Bermuda, the announce...

The parent company of Bermudian-based Qatar Re has reported $75 million net profit for the first quarter, an increase of $10 million, year-on-year. Qatar Insurance Group’s earning per share were 21 cents, compared with 18 cents for the same period la...

Investment firm LOM Financial Ltd’s assets under administration have topped the $1 billion mark this year. The company reported the milestone in a letter to shareholders from Scott Lines, the company’s chairman and chief executive officer, as the fir...

Argo Group International Holdings Limited has reported a 270.4 per cent jump in profit for the first three months of the year. The Bermuda-based insurer reported net incomes of $91.2 million, or $2.63 per share, which compares with $24.8 million for ...

Michael van der Straaten is the new chief executive officer of Qatar Re. He succeeds Gunter Saacke, who announced in January that he intended to step down in March. Mr Van der Straaten has been the acting CEO for the past few months. He joined the Be...

The number of home healthcare providers has soared, resulting in an increase in abuse of the system, including scams such as time sheets submitted for patients who have died. Kim Wilson, the Minister of Health, revealed the figures last week but said...

Curtis Dickinson, the Minister of Finance, is leading a delegation of government, regulatory and industry leaders at the Risk and Insurance Management Society annual conference and exhibition in Boston, which got under way today. David Burt, the Prem...

Dear Dave, I’ve started following your plan, and I’ve got a beginner emergency fund of $1,000 saved. Now that I’m ready to start paying off debt in Baby Step 2, do you recommend paying off credit card balances before or after closing the accounts? MA...

This is a revised version of a food series published in Moneywise 2008. Our Easter bunny has come and gone. Treats of resplendent chocolates, marshmallow peeps, jelly beans, Cadbury creamy-rich eggs, all more costly now, but deliciously consumed wit...

Looking west, down Hamilton Harbour, past Hinson’s Island and into the Great Sound, the view from Mitch Blaser’s corner office on a beautiful spring day was clear and bright. Bermuda’s future is somewhat cloudier — but Mr Blaser, chief transformation...