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Greg Hagood didn’t have many details to work with last Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in South Florida for another 64 hours. Projections for its path were all over the place, especially considering that a centimet...

The captive insurance industry contributes $174 million annually to the island’s economy, according to new research. The study, conducted by PricewaterhouseCoopers for the Bermuda Insurance Management Association (Bima) indicates the importance of th...

Bermuda’s world-leading captive insurance market can continue to improve and in the process be of mutual benefit to the business community and the island. That was part of the message from David Burt as he gave the opening speech of the Bermuda Capti...

Last week, we spent considerable righteous energy discussing rogue employers who, with no conscience or compunction whatsoever, cheat their employees out of benefits that they are entitled to as mandated by Bermuda employment law. One reader sorrowfu...

Over the course of my career, I have had more than my fair share of good market calls. I credit a combination of hard work (6 per cent), insight (4 per cent) and uncanny good luck (90 per cent). There’s not much to say about the 90 per cent, but the ...

Dear Dave, I have a full-time job, but I also have a small Etsy business on the side selling ten products that makes about $200 a month. I don’t see the money from this part-time work getting any bigger in the future. Should I keep a separate account...

A change to the UK system to work out the amount of compensation paid out to accident victims could be worth hundreds of millions of dollars to several Bermuda reinsurers. The British Government yesterday announced it was changing the method it uses ...

Catastrophe-bond investors are at risk of seeing some of their capital wiped out by Hurricane Irma if the deadly storm hits Florida. S&P Global Ratings said yesterday it had identified 13 catastrophe bonds at risk. Bermuda is the epicentre of the cat...

Bermuda reinsurers’ “anaemic returns” make them the most under-pressure group in an under-pressure industry, according to analysts from a global rating agency. AM Best, maintaining its negative outlook on the global reinsurance sector, said condition...

Leaders of the body that represents Bermuda’s international life insurance industry today met with Jamahl Simmons, the Minister of Economic Development. Board members of the Bermuda International Long Term Insurers and Reinsurers April Galda, Chip Gi...

Maiden Re has invested in an insurtech drone start-up. The reinsurer is among a group of investors who have provided $2.05 million of funding to Betterview, a US company that uses software and services, including drones, to capture and analyse date f...

A series of five webcasts on the growing global healthcare insurance market in Bermuda is being released during this month. The series was produced by the Bermuda Business Development Agency, working with the industry. Over the past five years, Bermu...