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Financial advisers say clients often overestimate their tolerance for risk. But data suggest it’s really financial advisers who become more nervous than they expected when markets become volatile. Advisers often underestimate their own stomach for r...

Bermuda’s banks are prepared to lend customers cash — but on tougher terms than the boom years in the run up to the 2008 financial crash. Bank of Butterfield chairman and CEO Brendan McDonagh said: “There is no doubt that following the global financi...

A group for women working in reinsurance has boosted its online presence. Women in Reinsurance has set up a new website, blog and LinkedIn group for members. Kathleen Reardon, CEO of the Hamilton Re and chairman of Women in Reinsurance, said: “Our go...

Anyone who says it’s not possible to build a global business empire after starting out in tiny Bermuda should take a look at Ace Ltd. Last week’s announcement that the company had agreed to buy the American insurance powerhouse Chubb in a mind-boggli...

Royal Fleet Auxiliary ship Lyme Bay will rumble through Town Cut in St George this morning as the ship’s crew stop off in Bermuda for a stint of rest and relaxation. The amphibious landing vessel is designed to be able to deliver a major fighting for...

A ground-breaking Bermuda-based African catastrophe insurance pool has been praised by the leaders of the G7 group of industrialised nations. The news came as the African Risk Capacity (ARC) pool is set to add five more nations, bringing the total to...

This article is the final part in a series by professional services firm Deloitte which has explored the new world of work, the top talent challenges, and how leaders can begin to address them. Exciting cognitive computing technologies are now able t...

Postal rate increases came into effect at the start of this month, with a 50 gram local letter rising in price from 35 cents to 50 cents. The rate has risen by 35 cents for each additional 50 grams of weight, up to a maximum of 2kg. International rat...

Old-timers called it the Lack-a-Light Company. How many remember everyone standing in line with cash to pay their ‘lacktricity’ bills — some still do. It was a time full of social interaction in those queues, we were less harried and hurried then, pl...

Dear Dave, Where should you save for large expenditures when you’re doing the Baby Steps? HEATH Dear Heath, Depending on what the expenditure is, I would suggest saving for these sorts of things after Baby Step 3. Once you’ve paid off all of your de...

Alternative reinsurance capital is growing at a faster rate than traditional reinsurance capital. That trend has been identified in an analysis of the market by Aon Benfield, the global reinsurance intermediary and capital advisor of Aon. Total reins...