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Bermuda continues to be the world leader in the insurance-linked securities market — but new issuance of ILS fell for a second successive year in 2016. The Bermuda ILS Market Report, published quarterly by the Bermuda Monetary Authority, showed that ...

The US National Oceanic and Atmospheric Administration has released its report on Hurricane Nicole, which passed over the island last October. While the hurricane weakened before reaching Bermuda, saving the island from the worst the storm had to off...

Bermuda’s re/insurers recorded weaker underwriting results in 2016 as catastrophe losses took their toll. Fitch Ratings reported that the 12 large, publicly traded Bermuda companies it follows posted a combined ratio — reflecting the proportion of pr...

The Berkshire Hathaway’s annual shareholder letter has always been a special event for this writer as I continue to be a devout follower of Warren Buffett. Warren is not shy to admit his mistakes, offer timeless wisdom on investing and remind us all...

Dear Dave, I’m thinking about getting a secured credit card to help rebuild my credit score, because I’d like to buy a house. Do you think this is a good start towards getting my credit back on track and taking control of my finances? I make $50,000 ...

This is part five of the Bermuda Investment Primer Series. Three interesting events have happened in the last several weeks. On the face of it, each event seems quite disconnected from the others. Oh, but they are ever connected. The 45th President ...

Financial services firm Estera has bought up an administration company based in Jersey. Estera — formerly part of law firm Appleby — finalised the deal to take over Morgan Sharpe Administration earlier this week. The new acquisition, which is subject...

Ratings agency AM Best has maintained its rating of Bermuda-based Maiden Holdings after the company revealed it would be up to 15 days late in filing its annual report for last year. AM Best said reinsurer Maiden’s long-term issuer credit rating of b...

Bermuda’s Olderhood Group has signed up with a major US provider of retirement services. It will provide Career Partners International’s Retirement Options, including retirement coach certification and retirement readiness assessments. Bill Storie, c...

The Bermuda High School for Girls is top of the table in this year’s KPMG Investment Challenge. The BHS team The Liabilities has a pot of $119,166, which reflects a 19.17 per cent return on its clutch of investments. The nearest challenger, BFA from ...

An expert in property law is to hold a series of free clinics this month to help people with real estate problems. Mathew Kelly, a director at Hamilton-based Chancery Legal, will hold the clinics on Saturday afternoons throughout March. Mr Kelly, who...

XL Group estimates it will face a $75 million impact on its carried reserves as a result of a decrease in the discount rate used to calculate lump sum awards in British bodily injury cases. The Bermudian-based company said impacts on its insurance se...