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Dear Sir, There are complaints about the cost of healthcare in Bermuda. However, I do feel this is being driven by the insurance companies and also by the Bermuda Health Council. First of all, the insurance companies go with the American and Canadian...

Bermudian-based LOM Financial Ltd held a celebration to mark the opening of its new office in the Cayman Islands. The cocktail reception was attended by members of the Cayman Government, including Roy McTaggart, finance minister. LOM Financial Cayman...

Athene Holding Ltd has announced the pricing of an underwritten secondary offering of 10,320,544 of its Class A common shares at a price to the public of $49.70 per share. All of the shares are being sold by a subsidiary of Abu Dhabi Investment Autho...

Ironshore Inc has expanded its partnership between Bermudian-based Iron-Starr Excess Agency Ltd with Oil Casualty Insurance Ltd to underwrite property lines. Iron-Starr has underwritten coverages on behalf of Ocil, a subscribing insurer for financi...

The Blue Marble Microinsurance group has expanded to nine with Panama-based Assa Capitales joining the consortium of companies collaborating to extend socially impactful, commercially viable insurance protection to the underserved. Blue Marble was an...

The cargo ship Oleander is to be unloaded in Dockyard when the Hamilton docks close for urgent repairs this month, it was revealed yesterday. The announcement came after a meeting between representatives of Bermuda Container Line, Stevedoring Servic...

Paul Bailie has been appointed head of Willis Towers Watson PLC’s Bermuda Captive practice. Mr Bailie has worked in the captive insurance industry for 30 years, and has previously held a variety of leadership roles, including with JLT Insurance Manag...

Meetings are being held today to finalise arrangements for unloading the Oleander when Hamilton docks closes for repairs later this month. Barry Brewer, president and chief executive of Neptune Group Management, which manages Bermuda Container Line,...

The Berkshire Hathaway’s annual shareholder letter has always been a special event for this writer as I continue to be a devout follower of Warren Buffett. Warren is not shy to admit his mistakes, offer timeless wisdom on investing and remind us all ...

Two 18th-century Bermuda cedar chests are among the highlights of the Bermuda National Trust’s auction today. Dozens of bargain hunters have flocked to the Botanical Gardens over the past two days to cast their eyes over items up for grabs at the ann...

Historical data show that stocks tend to post strong performances during periods of rising interest rates but only below-average results when inflation is rising or above average. This counterintuitive dynamic was explained by Warren Buffett in 1977 ...

Dear readers, we discussed the all encompassing role of mathematics in our economy, our lifestyles, and our very existence, last week. We alone determine where we end up in our financial life. We can’t rely upon anyone but ourselves. We can help each...