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Dear Sir, I am using your excellent column on the off chance that employees at DHL courier service may read this letter, as there seems to be no other way to contact them. I have a mailbox on the property, don’t check it out that often, as the only m...

NEW YORK (Bloomberg) — Bermudian-based Third Point Reinsurance Ltd won lower fees on investments overseen by Dan Loeb’s Third Point LLC, the hedge fund manager that helped start the reinsurer. Third Point Re will pay a 1.5 per cent annualised fee in ...

Legislation paving the way for the creation of a Civil Aviation Authority and a Bermuda Shipping and Maritime Authority was passed by MPs on Friday afternoon. The Bermuda Civil Aviation Authority Act 2016 provides the new CAA with quango status in a ...

A friendly society has lost an initial legal claim that it could offer members third party motor vehicle insurance. However, according to a court judgment, the final decision as to if the Bentley Friendly Society can provide members with third party ...

Shares of Bermudian-based insurers were battered last Friday after Britons voted to leave the European Union. Uncertainty over what happens next, question marks over future access to markets, a fall in bond yields squeezing investment income and curr...

A new insurance broker has launched in Bermuda. Intrepidus Insurance Services is an independent broker aimed at helping personal and business customers evaluate and navigate insurance. Henry Sutton, president of Intrepidus and a veteran of the island...

Of course, but far too often we are so wrapped up in our own political and financial infighting that we not only don’t understand or assess the impact, but we don’t even realise our financial world is changing rapidly, both for good and bad reasons. ...

Dear Dave, I make $38,000 a year and I’m about to start Baby Step 3. It took 14 months to pay off $8,000 in debt for Baby Step 2, so I’m wondering how long it should take to save up my three to six months of expenses. I’ve also not done a lot towards...

Major insurers could take a significant hit as a result of Britain’s decision to pull out of the European Union, a top ratings agency warned yesterday. AM Best said it did not expect to take rating actions in the near future as a result of the shock ...

Blue Capital Global Reinsurance Fund Ltd is to start buying back its own shares because they have been trading below their net asset value, the fund said yesterday. The company, which is a subsidiary of Bermudian-based Endurance Specialty Holdings Lt...

Britain is heading for the European Union exit door. By 3.30am today it was confirmed that the referendum on whether Britain should stay in the 28-country bloc was a victory for the “leave” campaigners. They won 52 per cent of the vote. Turnout was h...

Bermuda’s insurance and reinsurance sector could face a major international shake-up after the UK voted to leave the European Union. Brad Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers, said: “Abir memb...