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Bermudian-based insurers and reinsurers have strengthened their resilience to potential catastrophe events by marginally decreasing their net exposure to such events, while also increasing the amount of capital and surplus they hold. That is one of ...

This is the latest in the “Pondstraddler” series of articles. Disclosure: this is a composite illustrative situation intended for general information purposes only. It does not reference any specific person, living or deceased, nor is it intended to ...

Dear Dave, I’ll be graduating from college with no debt in a couple of weeks, and I have a good job waiting for me in January. During the last few years, I’ve managed to save almost $25,000 from my part-time jobs while in school. My car is pretty bea...

Moody’s Investors Service says the fourth-quarter earnings of re/insurers will be hit by wildfires in California, but the losses are described as “manageable”. The Camp and Woolsey fires could rack up insured losses of up to $15 billion, Moody’s said...

The insurance industry is striving to keep up with the rapid rate of change that is transforming not only the industry itself, but also its customers’ way of life and businesses. David Hollander, EY’s global insurance leader, told The Royal Gazette t...

In the second and final part of his commentary on the future of insurance, Darren Wray, chief executive officer of consultancy Fifth Step Ltd, looks at how the industry landscape may change in the coming years. All of the discussion so far has been ...

Being the chief executive officer of an international consultancy company, I spend much of my time speaking with senior people who work with and in international insurance and reinsurance companies. Whenever the conversation turns to the future of in...

Mail to and from Canada will be subject to significant delays because of strike action by postal workers overseas. The Bermuda Post Office said yesterday no mail was being accepted at the Vancouver or Toronto processing centres. They added the Montre...

Bermuda’s labour force has shrunk over the past two years, while the unemployment rate has dropped and pay packets have swollen. These were some of the findings of the 2018 Labour Force Survey, published by the Department of Statistics yesterday. The...

November is traditionally the month for giving thanks. Each year, the Money page provides some thoughts on living today and taking the time to reflect on the positive values within ourselves and our community. Imagine being forced to survive after h...

Dear Dave, I like your plan, and I’m ready to get control of my finances. Should I catch up on past due bills before saving $1,000 for the beginner emergency fund you recommend in Baby Step 1? SAMANTHA Dear Samantha, This is a great question, because...

A member of the Britain’s House of Lords, who is focused on emerging technologies such as fintech, artificial intelligence and blockchain, will join David Burt on stage at a forum in London. Lord Chris Holmes has been supportive of Bermuda’s progress...