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Centaur Fund Services has opened an office in Bermuda, after being impressed by the island’s welcoming attitude and professional approach to attracting new business. Centaur is headquartered in Dublin, with offices in London and New York. The fund a...

Legislation for visitors to rent out minicars has come under fire from the Opposition and taxi operators, as well as raising tempers within the already tense ranks of the One Bermuda Alliance. That Bill, debated last night within the ruling party, is...

Amendments to the Insurance Act that aim to keep the island “at the forefront of our most vital industry” were passed in the House of Assembly on Friday. Minister of Finance Bob Richards outlined several technical changes to the Act mostly pertaining...

The global insurance-linked securities market shrank by more than $1 billion in the second quarter, as new issuance slowed. That is according to a report by insurance blog website Artemis.bm, which found that new issuance of catastrophe bonds and ILS...

Overview to the New Bermuda Investment Primer Series — Part 1 With the ongoing upheaval of the UK political scene, the still unknown final effects (devastating or euphoric depending upon the viewpoints of who voted Bremain or Brexit) on the home econ...

Dear Dave, My husband and I have seven children. What parts of your programme work best for large families? — Karen Dear Karen, My entire plan works for a large family. Larger families just have more expenses. What does change — and you already kne...

Insured losses from the wildfires that caused catastrophic damage to the city of Fort McMurray and disrupted oil sands operations in the region, are the highest in Canada’s history. The most up to date report from Aon Benfield anticipates insurers wi...

Hedge fund reinsurers need to bridge the gap between the risk cultures of hedge funds and reinsurers, if they are to remain viable in the long-term. That is the view of analysts from Standard and Poor’s Global Ratings, who note that HFRs have managed...

Confiscated and abandoned imports are set to be auctioned online by the Customs Department in a new initiative starting this Monday. Goods will be put up for sale every Monday morning at www.customssales.com with a minimum reserve price, and offers ...

The Bermuda Government’s bid to set up a limited liability companies framework has been welcomed by professionals. Grant Gibbons, the Economic Development Minister, tabled legislation to allow LLCs as a new commercial structure on the island in the H...

Law firm Conyers, Dill & Pearman has scooped a top award for private client and trust work. The company has been ranked in Band 1 in the high-net-worth guide by prestige British legal publishers Chambers & Partners. CDP was the only Bermuda company r...

Insurance claims related to lightning strikes are proving more costly as a result of householders having an increasing number of electronic devices in their homes. The devices, which are vulnerable to damage from direct lightning strikes or associate...