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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. ...

Shipping service Mailboxes Unlimited has delivered a new rewards programme. The scheme, which is a first for the industry in Bermuda, gives Mailboxes US Express customers cash back and a special card that can be used to get discounts in a range of st...

When Bermuda reaches a world-class level in any field, it is something that should be celebrated. Last week, this scale of achievement occurred, but it would have gone unnoticed by many. There were no medals awarded, no pomp and ceremony. That’s per...

A more streamlined operation with simplified processes, increased investment in technology and automation, and the outsourcing of all but core functions, is helping Hamilton-headquartered Argo Group International Holdings to be “leaner, smarter and m...

The Bermuda Health Council has released its Corporate Plan for fiscal year 2016-2017 with care quality, regulation, finance and economics and accountability set out as priorities. Among the objectives are protecting employees’ rights to have health i...

Investment firm LOM’s new emerging-markets fund is off to a strong start. The fund, which started in January, earlier this month hit a 6.5 per cent investment return. The fund is designed to invest more in emerging market sectors leveraged to an incr...

Two new awards for Bermudians studying accounting have been announced by the Association of Bermuda International Companies and PwC Bermuda. The Abic PwC Award is valued at $15,000 per annum for two years for an undergraduate, or a $20,000 one year a...

Reinsurance firm CATCo has made a near $10.9 million share issue. The company said it had issued more than 10.67 million new C shares at a price of $1.021 “to satisfy continued investor demand and increasing demand for its reinsurance catastrophe pro...

Dear Dave, My dad and I have been having arguments over real estate and money. My wife and I are 33, and we have a rental property. We were trying to decide whether or not to sell the rental in order to pay down on our home. My dad has been very voca...

It’s official: Bermuda has Solvency II third-country equivalency, as of today. That means the European Union considers the standard of the island’s insurance regulation to be equivalent to its own. In November last year, the European Commission recom...

Artex Risk Solutions has acquired the insurance management operations of Kane. The move means Artex’s operations in Bermuda and Cayman will combine into Kane’s. David McManus, president and CEO of Artex, said: “Kane is rightly recognised in the indus...