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For the week beginning October 20, 2015. Two weeks into the fourth quarter 2015 and the S&P Global 1200 is up 6.5 per cent in US dollar terms. Although the US performed well (S&P 500 up 5.89 per cent), emerging Asian markets have performed best with ...

The spirit of collaboration is paying dividends for Bermuda in terms of protecting and growing the Island’s international business sector. That is the view of Ross Webber, who has completed his first year at the helm of the Bermuda Business Developme...

Ross Webber, the chief executive officer of the Bermuda Business Development Agency (BDA), has reported on progress in the agency’s “four pillars” of business, during his first year in charge. He said that in collaboration with the risk solutions’ fo...

China has been in the news a lot lately. There are many stories of concern, ranging from the currency devaluation, the economic slowdown and the stock market collapse. When I was in Hong Kong last week and my friend asked me to join him for tea to s...

Dear Dave, I’ve spent most of my marriage not being a good husband and not being involved in our family finances. After being introduced to one of your programmes at work, I realised how irresponsible I had been and went home to apologise and tell my...

What’s the value of money to you? The common understanding of money and its relationship with us is that of a commodity of exchange; it’s the stuff that buys the stuff that we either need or want. However, money is much more than printed paper or sha...

This is week 11 of the 14-week Bermuda action plan to improve your financial lifestyle. Your action plan is now knee-deep in the review of investing and pensions. In the next two weeks, we will: • review the performance of a balanced pension selectio...

Costly damage caused to Amtrak’s infrastructure by Superstorm Sandy in 2012 is one of the reasons the company has obtained $275 million of catastrophe bond insurance coverage this month. The three-year cat bond notes were issued in Bermuda last week ...

Aspen Insurance Holdings estimates it faces about $50 million in pre-tax losses from the Tianjin port explosion in China, wildfires in the US and last month’s earthquake in Chile. The company said the losses primarily impact Aspen’s reinsurance segme...

Bermuda is in a strong position to hold on to its insurance-linked securities business — despite attempts by the City of London to muscle in on the sector, ILS Bermuda chairman Greg Wojciechowski said yesterday. Mr Wojciechowski was speaking after a ...

Networking group Women in Reinsurance (WiRe) has launched a chocolate fundraising campaign to help families in need. The 150-strong WiRe aims to sell 6,400 boxes of chocolate-coated almonds over the next month — with the proceeds going to charity the...

Bermuda-based insurer Ironshore has been named the official insurer for Oracle Team USA for the 35th America’s Cup. Ironshore will provide comprehensive insurance coverage for the team, from the Louis Vuitton America’s Cup World Series Bermuda regatt...