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Insurance and reinsurance broker Willis Group Holdings has completed the acquisition of Gras Savoye, the French insurance broker. In April last year Willis, which is based in London and has offices in Bermuda, announced a $590 million offer to acquir...

About 50 students and insurance industry professionals attended a special networking lunch held by the Bermuda Foundation for Insurance Studies (BFIS). Undergraduates, recent graduates and high school students got the chance to meet actuaries, accoun...

Today is the start of the new year. That means new beginnings and a new outlook on the first day of the rest of your life. It is a time for great inspiration and great learning. The inspiration holidays are over. Everyone had a great time, but are ...

Dear Dave, I work in IT, and I recently learnt that I’ll be losing my $88,000 a year job at the end of February. We’re debt-free, except for our home, and we have a full emergency fund in place. The problem is we just cash-flowed one daughter’s weddi...

A sizeable number of Bermuda insurers and reinsurers have opened offices in the Dubai International Financial Centre in the United Arab Emirates. This month a further three Bermuda-based companies joined the list; Axis, Partner Re and Qatar Re. The ...

Bermuda’s business chiefs will be out in force at next month’s World Captive Forum. The event, to be held in Florida, will include several speakers from Bermuda including lawyers, regulators and business leaders. And Bermuda delegates will use the ev...

The Bermuda Post Office has asked West End residents to be patient as they work to resolve what they describe as an ongoing labour dispute. A Post Office spokesman this afternoon said: “The BPO wishes to advise residents on routes SN01 and SN02 that ...

Company directors would be better positioned to make decisions in a fast-changing world if they consult with an “under-25 mentor”. That is the view of Charlotte Valeur, a corporate governance adviser, who believes that understanding how young people ...

SAC Capital Advisors LP — the now defunct hedge fund that set up a Bermuda reinsurer in 2012 — agreed to pay $10 million to end a lawsuit by Wyeth LLC shareholders who claimed they lost money because SAC engaged in insider trading. A pension fund for...

Squeezed investment returns in the ultra-low interest-rate environment will be one of the major operating challenges facing property and casualty (P&C) insurers in the year ahead, according to credit rating agency Fitch. Investment yields in insurers...

The Christmas holidays are trailing right into this week. After the crazy crush to satisfy every person’s wish list in the family, there is plenty of time to think about yourself, your future direction in life, or just comfortable easy things — just ...

Bermuda-based insurance services company Randall & Quilter Investment Holdings (R&Q) has rounded off 2015 with a flurry of deals. On Christmas Eve, the firm announced the novation of liabilities for policy years 2000—2003 from Golden Rule Ltd, a Caym...