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School is in! Thank goodness. I don’t know about your family, but mine needs structure. Sometimes I think school is more for the adults than the children. While school will help children develop various skills and traits to succeed in life, one less...

“Going home, going home, I am going home — to a tax compliance maze.” A reader asks: “Perhaps, heeding the call from our local politicians and business leaders, a Bermudian friend of ours is returning home to Bermuda with his foreign spouse after tw...

The forecast calls for a market correction. The hard part is figuring out what to do about it. On Tuesday, billionaire hedge fund manager Leon Cooperman joined a long list of money mavens who foresee trouble for US stocks. Cooperman told the CNBC Ins...

Insurance industry minds are grappling with ever-evolving cyber-risks and resulting liabilities, including mounting levels of regulations and increasingly costly disruption caused by cyberattacks. An international cyberattack at the end of June hit a...

Businesses that are proactive in reducing their potential risk to cyberattacks by using new technologies such as blockchain, or using best practice, are likely to see that reflected in better pricing and conditions from insurers. That is the view of ...

Insurers are expected to pay out between $32 billion and $50 billion to policyholders affected by Hurricane Irma in the US and Caribbean. That is the estimate of Air Worldwide, the Boston-based risk modelling solutions company. The company believes i...

Western Union has explained why it has temporarily removed Bermuda from its website. Customers noticed the change in the past week and contacted The Royal Gazette expressing concern about what was going on and how they would receive their money. Some...

Global investment in insurtech in the second quarter of 2017 surpassed that in the previous three quarters combined, according to a new report from PwC. Insurers, reinsurers and venture capital firms ploughed $985 million into insurtech, up 247 per c...

XL Group Ltd has been given approval to use a full internal model to calculate the company’s and its wholly owned subsidiary, XL Bermuda Ltd’s, respective enhanced capital requirements in substitution of the Bermuda Solvency Capital Requirement stand...

Hurricane Irma prevented about 50 delegates from attending the 13th Bermuda Captive Conference, but the event has been hailed a success after it brought more than 750 attendees to the Fairmont Southampton. The three-day event wrapped up yesterday eve...

Corporate lawyer Michael Burns has been awarded the Fred Reiss Lifetime Achievement Award. He was honoured at the opening of the 13th Bermuda Captive Conference at the Fairmont Southampton. Mr Burns has played an important role in adding to Bermuda’s...

London could lay claim to Bermuda’s mantle as the global hub for insurance-linked securities, according to a reinsurance expert. Des Potter, of global risk advisor Guy Carpenter, said the new regulatory framework due to be introduced by the UK capita...