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Can I be honest? I’m tired of hearing people make millionaires out to be big, bad wolves. That all wealthy people are evil, greedy, self-centred people who inherited or stole money to get rich. It’s as if there were something wrong with being wealthy...

Bermudian-based Hamilton Re is inviting applications from students entering their junior year of college who are interested in participating in an intern programme during the summer. Reporting into the catastrophe modelling team, the internship progr...

It seems fitting that 2018 was the Year of the Dog in the Chinese zodiac. Most asset classes fared poorly this year as investors hit the panic button, but the pain has been particularly acute in the emerging market sector. Notwithstanding a few month...

A team from Bermuda High School has jumped to the top of the KPMG Investment Challenge leaderboard. The “Business.brains” team improved the value of its virtual stock portfolio by 2.6 per cent in December, to $104,135. With the US stock market droppi...

Some borrowers in Bermuda with residential mortgages, commercial loans or corporate loans will pay more interest after the US Federal Reserve raised interest rates. In response to the quarter percentage point hike in the US, Butterfield Bank said it...

Catastrophe risk modelling firm AIR Worldwide estimates that the direct cyberincident losses for the Marriott breach will be between $200 million and $600 million. AIR’s loss estimates are based on the assumption that 500 million records were stolen...

Insurance and reinsurance companies in Bermuda are doing a little more to make the festive season more enjoyable for Bermudians in need. Many of the companies that make up the Association of Bermuda Insurers and Reinsurers donate funds and time durin...

A study by PwC has concluded that 65 per cent of millennials would not be able to handle a $2,000 unexpected expense and that they are unlikely to seek financial advice. The article discusses the way this generation thinks about money and their outlo...

John Charman will leave his role as chief executive officer of Bermudian-headquartered Sompo International Holdings Ltd next year to become CEO of Overseas Insurance Business at parent company Sompo Holdings Inc. In his new position he will head up a...

Without effective regulation of medical-services providers and moves to cover the sizeable minority who have no health insurance, healthcare costs are likely to keep spiralling. That is the view of executives at BF&M Ltd, a major health insurer on th...

Dear Dave, My husband and I are completely debt-free, and we’re saving up for our first house. We currently have about $90,000 in savings, and we’d like to buy a home with cash in the next few years. Where should we put our money, so it will work for...

During the past 40 years, low-cost indexing has risen from an abstract financial theory with very few takers to a juggernaut sucking up most of the new money flowing into equity investments. BlackRock, Vanguard Group and State Street, the top three i...