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Argo Group International Holdings’ board of directors has announced a 15 per cent stock dividend. The Bermudian insurer and reinsurer’s stock dividend is payable on March 21, 2018, to shareholders of record at the close of business on March 7, 2018. ...

Hamilton Underwriting Limited, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, is reorganising its underwriting team. The changes follow the resignation of Trevor Carvey, active underwriter and head of tr...

Ninety students are participating in the BFIS High School Speed Networking lunches this week to help them gain a clearer understanding of the wide variety of careers within the insurance sector from insurance professionals representing many different...

Dear Dave, My wife and I have $72,000 in debt from student loans and a car loan. We’re trying to pay off our debt using the debt snowball system, and we each make about $45,000 a year. She’s a teacher, and she’s planning on going back to school for h...

This is the final article of a three-part series discussing when a foreign national, such as a Bermudian or Bermuda resident, can be classified as a US tax resident under US tax regulations. This week is focused on what happens when a Bermudian inadv...

“Everything will be tokenised and connected by a blockchain one day.” — Fred Ehrsam Recently my mother asked me: “What’s all this fuss about blockchain and cryptocurrency?” The question my mother asked is part of a broader discussion that is now hap...

There is a global insurance gap, and it’s a big one. Natural catastrophes caused $350 billion of economic losses last year, and of that only $134 billion, or 38 per cent, was covered by insurance. A bigger number has been calculated by Swiss Re, whic...

Aspen has closed its Bermuda-based US property insurance unit, a move that impacts three members of staff. The unit was closed earlier this week, a few days after the Bermudian-based company reported a net loss of $184.9 million for the fourth quarte...

Windstorms since the start of the year are expected to cost European insurers more than $2 billion, according to Aon Benfield. More than 20 people were killed last month by storms named Friederike, Eleanor and Carmen. Western and Central Europe were ...

One of the most severe years for catastrophe losses has proven to be a “stress test” for Lancashire Holdings. The Bermudian-based company suffered a pre-tax loss of $3.2 million, or three cents per share, in the fourth quarter. For the year, the pre-...

Two financial advisers have been promoted at LOM Financial (Bermuda) Limited. Brian Roos is now vice-president of investments, while Ihab Azab is assistant vice-president of investments. Both men joined the company five years ago. Mr Roos was previou...

Catastrophe losses impacted earnings at Argo Group, however the company reported a $28.9 million profit, or 95 cents per share, for the fourth quarter. That was down from the $32.9 million, or $1.07 per share, during the corresponding period in 2016....