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Dear Dave, My husband and I have four kids, and I make $50,000 a year. He runs a small business that has been floundering for a while now, so we’re basically living off my income. Part of that income is going into the business. Plus, we don’t have mu...

Today’s article focuses on a tough subject, one that families are reluctant to face. The end all and be all purported for every person is a happy retirement. Isn’t that what we are all aiming for? Work hard now, relax leisurely later. Retirement is...

Insurance chiefs are more worried by threats from too much regulation and technological change than any other business sector. And they also fear the effects of changing customer behaviour and competition from new entrants to the market than other ar...

James River Group Holdings Ltd’s profits surged in the fourth quarter, propelled by a 60 per cent growth in gross premiums written. The Bermudian re/insurer recorded net income of $25.7 million for the three months ended December 31 and a record $74....

This is the first part of a two-part article on the impact of the fourth industrial revolution on reinsurance. The previous industrial revolutions have had a profound impact on the world as we know it, introducing mechanisation and mechanised product...

Jonathan Kent, Business Editor Maiden Holdings Ltd shares plunged by nearly 10 per cent yesterday after the reinsurer said it was taking a $120 million charge to boost reserves in its commercial auto division. The Bermudian company, which has offices...

Qatar Re’s chief underwriting officer Alastair Speare-Cole, an early supporter of the reinsurer who later became one of its key executives, has resigned. He is to be replaced by his deputies Luke Roden and Michael van der Straaten. Gunther Saacke, ch...

Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, today announced the launch of a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insur...

Argo Group has reported a dip in profits for the fourth quarter and the full year. The Bermudian-based company’s net income for the quarter was $32.9 million, or $1.07 per common share, compared with $41.2 million for the same period in 2015. For the...

New cybersecurity regulations for financial institutions in New York have the potential to raise losses for insurers. That is the warning from Fitch Ratings ahead of the New York Department of Financial Service’s new rules, which become effective on ...

The Association of Bermuda Insurers and Reinsurers has appointed RenaissanceRe lawyer Stephen Weinstein as head of its policy committee. Leila Madeiros, senior vice-president, deputy director and corporate secretary of Abir, said: “Steve has been a d...

Bermuda’s first crematorium, located in St David’s, could be fully operational by April. Amis Memorial Chapel, which will run the facility, says that construction crews have made excellent progress since initial work began last August. Leon Amis told...