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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...

Bermuda industry experts will hit Chicago and Boston next month in a bid to drum up captive insurance business. The executive forum on Bermuda captive insurance solutions will will visit Chicago on Tuesday, March 7 and Boston on Thursday, March 9 to ...

Bermuda welcomed 13 new captive insurance companies in 2016, the island’s financial regulator announced today. The Bermuda Monetary Authority said most of the new operations originated in the US, but two of them hailed from South and Central America....

This week is the latest in the Bermuda Investment Primer Series, Chapter 2, Part 4 — Stocks and the Launch of a Bermuda Business. The family ownership of Mamazina’s Pizzarina (our hypothetical company) decide to incorporate their fast-growing pizza ...

Dear Dave, I’m 29, and I have no debt. I’ve gotten a good start on my savings and retirement, too. My girlfriend and I plan to get married in the next couple of years, and she has about $90,000 in debt. I’m not paying on her debt yet, but I think tog...

Aspen Insurance Holdings Ltd made an operating loss of $7.4 million, or 34 cents per share, in the fourth quarter, partly as a result of a repositioning of its insurance segment. For the year, the Bermudian-based re/insurer’s net income was $203.4 m...

A ship management company with offices in Bermuda is involved in the building of a potentially ground-breaking gas supply vessel. The ship will be used to deliver liquefied natural gas for refuelling of ships, such as ferries, containers and cruise s...

Young Bermudians who want to storm the ramparts of island international business should start their campaign overseas, a top reinsurance lawyer said yesterday. David Amaro, assistant vice-president and associate legal counsel at reinsurance firm Hami...

Everest Re Group Ltd last reported fourth-quarter net income of $373.6 million and comfortably surpassed analysts’ expectations. On a per-share basis, the Bermudian reinsurer said it had profit of $9.08. Earnings, adjusted for investment gains, came ...

A new firm chaired by Bermuda insurance industry veteran Brian Duperreault aims to streamline the insurance process for small businesses has picked a chief executive officer. And Attune — the creation of AIG, Mr Duperreault’s Hamilton Insurance Group...

White Mountains Insurance Group reported a $33 million loss in the fourth quarter, compared with a profit of $268 million in the same period in 2015. However, the Bermudian-based financial services holding company made a profit of $413 million for th...