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Fifteen catastrophe bonds that provide protection from hurricanes to a variety of insurers could incur losses as a result of Hurricane Matthew. That is the warning from S&P Global Ratings as the Category 4 hurricane moved towards Florida last night. ...

Insurers in the UK are looking to set up in Bermuda as Britain pulls out the European Union, a top lawyer said yesterday. Chris Garrod, a director in the corporate department at law firm Conyers Dill & Pearman, said: “As a result of the volatility ca...

Brian Duperreault told an audience of tech entrepreneurs how his Bermuda insurance company is using data science to improve underwriting. The Hamilton Insurance Group chairman and chief executive officer was a featured speaker at the first-ever Insur...

The tax transparency drive led by the world’s largest economic powers is effectively helping to drive business to Bermuda, according to a top lawyer with an international firm. Steven Rees Davies, corporate partner with Appleby Bermuda, said the fact...

Reinsurance prices in the Middle East and North Africa are expected to increase after a series of major insured losses in the region during the past 12 months. That is the finding of the annual MENA Reinsurance Barometer report, which polled executiv...

Intrepidus Insurance Services, an insurance broker, has appointed Bermudian Edward “Eddie” Gouveia-DeSousa as broker. Intrepidus is a full-service independent insurance broker firm created to assist individuals and businesses in understanding, evalua...

Stephen Catlin is taking a lead role in an international public-private partnership aimed at increasing access to insurance for people living in developing countries vulnerable to catastrophes. Mr Catlin, the deputy executive chairman of Bermudian-ba...

A Bermuda firm has linked up with the world’s biggest investment management company to create a joint venture. Hamilton’s Windward Management has signed a deal with US-based global operation BlackRock Capital Investment Corporation to create BCIC Sen...

Bermudian-based Qatar Re has been granted a licence to operate a branch office in Singapore. The company, which is headquartered in Hamilton, also has branch offices in Zurich and Dubai, and a representative office in London. The reinsurer previously...

Changes in regulation and market conditions often introduce some unanticipated dislocations in markets. Two recent developments have or may have a dramatic effect in two areas that many investors may not be aware of or appreciate. I am referring to t...

Last week we provided an overview of how reverse mortgages work. This week, we cover the nuts and bolts — meaning what is actually contained within the mortgage documents. So, you thought they would just give you the money because your home has eq...

Dear Dave, I make $2,100 a month after taxes, and I have accumulated $46,000 in credit card debt. My husband makes more than I do, but he won’t help me. He says I got myself into this mess, so it’s my job to stop being irresponsible and fix it on my ...