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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...

Law firm Conyers Dill & Pearman is pleased to announce that Christian Luthi has been elected as chairman of the firm with immediate effect. He will succeed Narinder Hargun and David Lamb who have been co-chairmen since 2012. Mr Luthi joined Conyers’...

Dear Dave, Our son is about to graduate from law school. He took out a loan to cover the cost, but we’ve always been debt-free and have been paying on it to help him out while he finishes his studies. The balance on the loan right now is around $30,0...

On November 5, Bermuda residents became stunningly aware of the radical vulnerability of our island’s economic success. For more than 30 years, international business has poured billions into the local money supply, infrastructure (buildings), gover...

The United States moved a step nearer to enacting a sweeping overhaul of its tax system yesterday, as the House of Representatives approved a Bill that could have repercussions for Bermuda’s international business sector. The House voted 227 votes to...

Willis Towers Watson and JLT Specialty Bermuda are jointly promoting the 14th annual Bermuda Railway Trek, which raises money to support insurance-related studies for young Bermudians. The walk will take place on, November 30 from Somerset Bridge to ...

A Bermudian-based firm has led a $15 million investment round in an online personal lines insurance agency in the US. Hudson Structured Capital Management Ltd, which does business as HSCM Bermuda and which invests in reinsurance and insurance-linked ...

A decision by the US House of Representatives’ decision to reauthorise the National Flood Insurance Programme has been welcomed by the Risk Management Society. Rims has also urged the US Senate to do likewise before the programme’s expiration on Dece...

Alternative capital lost roughly the same amount as traditional reinsurers from a series of third-quarter catastrophes. That is the view of ratings agency AM Best, whose own surveys indicate that reinsurers are facing net catastrophe losses totalling...

Third Point Reinsurance Ltd has announced a secondary public offering of 14 per cent of the Bermudian company’s outstanding shares. The offering involves 15 million shares being sold by major shareholders KIA TP Holdings and KEP TP Holdings, managed ...

The thing about money — we all need it. “Money bewitches people. They fret for it, and they sweat for it. They devise most ingenious ways to get it, and most ingenuous ways to get rid of it. Money is the only commodity that is good for nothing but t...