Log In

A company owned by Jamaican billionaire Michael Lee-Chin’s Portland Holdings is set to take a majority stake in the parent company of Clarien Bank. If the transaction is approved, it will be the third time in four years that the majority shareholding...

With new regulations on the horizon that will impose large fines on companies which suffer certain types of data breaches, a snapshot study of the scale of cyber incidents has been released. The 2017 Cyber Claims Study by NetDiligence, featuring inpu...

Brexit and the possible effects of a change in the US tax code were among topics discussed at the Bermuda Executive Forum held in central London yesterday. More than 200 delegates attended the cross-industry event, including representatives of insura...

Markel Catco Investment Management Ltd has raised $543 million of new capital from a share offering. The successful raise follows last month’s raising of $1.8 billion by the Bermudian-based company, which offers collateralised reinsurance products an...

This year’s US Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modellers Chuck Watson and Mark Johnson surpass anything they’ve seen...

Ascot Group has launched a new reinsurance company in Bermuda and hired industry veteran John Berger as chief executive officer. Ascot Reinsurance Company Ltd, which received its Class 3B insurance licence from the Bermuda Monetary Authority earlier ...

Municipal pension plans are in a tough spot. They have trillions of dollars in unfunded liabilities, interest rates are low, and we’re coming up on the ninth consecutive year of stock market gains in the US. Municipalities are going to have a hard ti...

Dear Dave, I’ve been trying to save cash to buy a home, but things always seem to come up that eat away at my savings. I have $130,000 set aside, plus an emergency fund, and I make $120,000 a year. I’m debt-free and renting right now, but eventually ...

In November for a number of years, I have written about being grateful as this season always seems to be the time for reflection on who we were as a community, who we are now, what we have, where we are going, and what we hope to achieve in our indiv...

If US tax reform increases the cost of reinsurance, the American consumer will lose out. That is the view of Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers (Abir), who was speaking after the Bermuda Monetary Authority...

Broadly speaking, equity markets may appear somewhat stretched. The S&P 500 trades at about 22 times its last 12 months’ earnings versus an historical average of about 16.5. Indeed, the S&P has soared a remarkable 280 per cent since falling to its na...

Hamilton Re is inviting applications from college-aged students who are interested in participating in an intern programme during the summer of 2018. Reporting to the catastrophe modelling team, the internship programme provides an opportunity for t...