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Bermudian-based insurer and reinsurer Iris Re has listed a new class of shares on the Bermuda Stock Exchange. Iris said the new shares, all non-voting preferred shares, will allow qualified investors to take part in its specialised insurance programm...

Just as Britain raises its minimum wage and as Bernie Sanders’s demands for a 50 per cent increase in minimum pay keep winning him votes in the United States, some politicians in one of the world’s most socialist countries, Sweden, are in favour of g...

Bermuda is playing a role in one of the world’s largest natural peril reinsurance deals, helping to support an ambitious programme to address flood risk insurance and reinsurance protection in Britain. The $3 billion Flood Re programme, launched yest...

Oil Insurance Ltd will pay out a dividend totalling $200 million to its shareholders this year. The Bermudian-based mutual insurer, which insures the oil giants who own it, made net income of $30.9 million in 2015 and underwriting income of $56.7 mil...

The Argus Group has been named as the official healthcare partner for America’s Cup competitor SoftBank Team Japan. The group will support the team leading up and during next year’s 35th America’s Cup. SoftBank Team Japan has its competition base in ...

Oil Casualty Insurance Ltd is diversifying beyond its traditional energy industry market. Ocil, a mutual insurer and reinsurer that is owned by the energy giants whose risks it covers, has been operating from Bermuda for 30 years. But only over the p...

Dear Dave, I took a new job less than a month ago. Just the other day, I was recruited by a huge company for the same position that pays twice what I’m making now. I didn’t apply for the job that was offered; they came directly to me. I didn’t sign a...

Already we have passed the first day of spring, April Fools’ Day and are headed into an early summer. Last week’s article was a story about an island, the Acqua Isle, a small island with a small population trying to stay afloat in the sea of global ...

One of the most frequent comments we receive when teaching basic money principles is this: “I wish I could have learned this stuff sooner!” That’s understandable. When you’re 30 years old, strapped with student loan debt, up to your eyeballs in cred...

A series of lunch and learn workshops focused on helping women’s development in the business world, will be staged in April and May. The series is being hosted by the Bermuda Insurance Institute, and will feature some of the island’s leading business...

The second phase of a bid to attract the millennial generation into the insurance industry kicks off today. The international drive, backed by industry veteran Brian Duperreault and his Hamilton Insurance Group, follows an insurance careers month in ...

The world’s first marine catastrophe model has been developed by Sompo Canopius in partnership with Risk Management Solutions. It comes seven months after the deadly Tianjin explosion at a container storage station in China, which killed 173 people. ...