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Dear Dave, I’ve heard you talk about extreme spenders and extreme savers. Exactly what do these terms mean? — Marianne Dear Marianne, Some people have a tendency to live in the moment, while others think more about the future. Financially speaking,...

September is the worst month for markets, historically, though compared to this August’s turmoil an average 1.1 per cent drop in the Standard & Poor’s 500 Index seems tame. In case the past month’s volatility was just a warm-up, you might want to re...

At the risk of overstating the obvious, there are important differences between traders and investors. Their timelines differ, as do their goals, preferred assets and methods. Yet some of what I have been hearing from members of each group suggests t...

This year’s El Niño weather phenomenon is the strongest since the record-setting event of 1997-98, and its peak months are still to come. While its impact on insurers and reinsurers is largely unpredictable, indicators are emerging showing billions o...

PartnerRe Ltd is Bermuda’s largest writer of reinsurance and the ninth biggest in the world, according to data published by rating agency AM Best. The company, which wrote $5.93 billion in reinsurance gross premiums last year and recently agreed to b...

A Bermuda law firm has promoted a litigation specialist to senior associate. Jennifer Haworth, who works in MJM Ltd’s litigation and dispute resolution team, has been a barrister for nine years. She said: “I am excited to be progressing professionall...

Insurance and reinsurance firm Argo has appointed a new chief risk officer. Alex Hindson has joined the company from Amlin, where he had the same role. Argo chief financial officer Jay Bullock said: “We are excited to have Alex join our management te...

Qatar Reinsurance Company intends to move its headquarters to Bermuda later this year as it redomiciles from Doha, Qatar. The decision has been hailed as “a big vote of confidence” in Bermuda and comes only two years after the company set up a Qatar ...

A trio of Bermudians have passed a gruelling three-day accountancy exam. The three all passed the tough Uniform Final Examination (UFE) in chartered accountancy in Canada. Caroline Berlo and Kim Johnson of professional services firm Ernst & Young and...

This is Week 4 of the Bermuda 14-week plan to dramatically improve your finances. Reader questions arise, such as where do you get the energy to continue to deliver the message that financial planning is beneficial to everyone, when it seems that Be...

Dear Dave, I’ve worked in a hospital for ten years. I make good money working long hours. The problem is that it seems to disappear, and I’m left trying to stretch those last few dollars to the end of the month. I know I eat out a lot. I grab quick m...

A $100 million catastrophe bond to cover Turkey against earthquakes has been set up in Bermuda. Now the Turkish Catastrophe Insurance Pool (TCIP) plans to continue to build its relationship with the market. The Bosphorus Ltd bond provides reinsurance...