Log In

CedarBridge Academy students preparing for end of year exams received some extra help from the international business community. A group of insurance professionals from the Bermuda International Long Term Insurers and Reinsurers association voluntee...

A total of $925 million in securities on behalf of the California Earthquake Authority were yesterday listed with the Bermuda Stock Exchange. The two securities were issued by Ursa Re and placed by Swiss Re Capital Markets, which acted as structuring...

AM Best has placed the credit ratings of Hamilton Re and its subsidiaries under review with developing implications after the resignation of its CEO Brian Duperreault. Reacting to the rating service’s action, Jonathan Reiss, Hamilton Insurance Group’...

The departure of Brian Duperreault from Hamilton Insurance Group to US giant AIG will be a boost for both companies, Hamilton Re CEO Kathleen Reardon said yesterday. Ms Reardon added that closer relationships between the two firms would lead to a bus...

Fitch Ratings sees no end in sight for soft pricing in the reinsurance market. The credit rating agency believes the soft market will last through to the end of this year at least, driving more companies to seek merger partners. “We expect premium ra...

A double whammy of cuts in the UK discount rate for bodily injury lump-sum payouts and higher natural disaster losses has hit earnings of the island’s insurance and reinsurance industry. A report by ratings agency Standard & Poors said the combinatio...

Butterfield Bank has pledged to make every effort to avoid redundancies as it relocates jobs to its service centre in Canada. The bank said in a statement today: “Over the next several years, we will be working to modernise and adjust our operations ...

Law firms Wakefield Quin Ltd and HCS Law Ltd have agreed to merge and continue in the name of Wakefield Quin Ltd. HCS Law is a boutique Bermuda law firm located on Pitts Bay Road. The merger includes Hollis Corporate Services Ltd, a corporate adminis...

Hamilton Insurance Group founder Brian Duperreault has written to his staff after leaving to take over as president and CEO of insurance firm AIG. Mr Duperreault told Hamilton employees that he was not leaving because there were problems at Hamilton ...

Mothers have an incredible physiological uniqueness yet to be duplicated by the male species. Aldous Huxley’s Brave New World published in 1932 with his predictions of test tube babies produced en masse may be closer to realisation; but for today, ev...

Dear Dave, Our son is 13, and he wants to give half the money he received for his birthday to the nursery at our church. They need new baby toys and things like that. Should we let him give that much, or should we tell him that maybe 25 per cent is e...

Guidance on new financial reporting standards are to be published on the Ministry of Finance website later this month, the Alternative Investment Management Association said yesterday. The news came in an update on Aima Bermuda’s knowledge networking...