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Insurance firm Freisenbruch-Meyer will be back in its Front Street office by early next month. The office building suffered smoke and water damage last month as a result of a major blaze that gutted a neighbouring property. Company president Michael ...

A businessman has been ordered to repay a former employee for the cost of health insurance deductions that were not put towards health insurance. Brandon Thompson had launched a legal suit against Harold Darrell seeking $10,321, the bulk of which rep...

Profits at Bermudian-based Assured Guaranty plummeted by more than $150 million in the second quarter compared to the same period last year. The firm yesterday posted net income of $146 million, down $151 million year-on-year. The latest profit figur...

Bermudian-based global insurer and reinsurer Argo Group International Holdings has announced profits of $30.9 million for the second quarter. The net income figure was up $3 million on the $27.9 million for the same period last year. This quarter’s p...

Blue Capital Reinsurance Holdings has posted profits of $2 million, or 22 cents per share, for the second quarter of the year, compared with $5.5 million during the same period in 2015. Blue Capital’s earnings beat analysts’ estimates, as collated on...

Dear Dave, My wife and I are on Baby Step 3 of your plan, and we’re about halfway to building our fully funded emergency fund. We don’t like our current home very much, and we’d like to sell and move as soon as possible. We have a little over $30,000...

Part 2 — the New Bermuda Investment Primer Series: the Concept Of Capital Equity, following a successful mom-and-pop pizza business. Stocks constitute equity in a company. The shareholders of the company are owners of these shares, somewhat akin to ...

Bermudian-based reinsurer Everest Re has struck a deal to sell its Heartland Crop Insurance subsidiary. CGB Enterprises, a provider of transportation and storage services, agreed to buy Heartland to expand its offerings to the agriculture industry. ...

Leadership styles and career advice were among the topics discussed by two reinsurance CEOs at a 100 Women in Hedge Funds event in Bermuda. The key speakers were Mary Forrest, president of Munich Re’s North America (life), and Kathleen Faries, chief ...

The Bermuda network of an alternative investment organisation has set up a new executive committee. Craig Bridgewater, managing director at professional-service firm KPMG, has become the first chairman of the island branch of the Alternative Investme...

Bermudian-based reinsurer Everest Re Group Ltd’s second-quarter net income was $155.7 million, down from $209.1 million in the same period last year. However, earnings per diluted common share were $3.67, easily beating the $2.85 consensus forecast ...

Bermuda is officially home for the XL Group Ltd after it completed its redomestication to the island today, a move that was announced at the beginning of the year. The international insurer and reinsurer started operations in Bermuda in the mid-1980s...