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Veteran insurance chief Richard Brindle is set to return to the business as part of a new $2 billion insurance venture on the Island. Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will become head of Fidelis Insurance Holdings — a hy...

Year-end review for Bermuda balanced mutual funds. We are following on from part 1 of the original article dated January 17, 2015 on mutual funds options available in Bermuda from various investment firms and banks located here in Bermuda. Yes, I kn...

Dear Dave, What’s your opinion on rewarding children with money for getting good grades in school? Joe Dear Joe, Honestly, I don’t have a strong opinion about it one way or the other. We didn’t pay our children for good grades, but I can’t really th...

By Raymond Hainey An increase in storm frequency should force a fresh look at risk from severe weather, according to a new report. The Swiss Re Sigma report on 2014 said that cyclones and thunderstorms were a major cause of losses last year. And the ...

Veteran insurance chief Richard Brindle is set to head up a new $2 billion insurance venture on the Island. Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will lead Fidelis Insurance Holdings, according to reports. The new firm is bac...

Bermuda could carve out a huge chunk of a new market for cyber insurance, experts said yesterday. They were speaking after the UK government issued a report on joint initiatives with the insurance sector to tackle cyber risk — and make the UK a world...

Bermuda reinsurers could benefit after the Florida hurricane catastrophe fund yesterday backed the transfer of $2.2 billion in risk to the private sector. And Brad Kading president of the Association of Bermuda Insurers and Reinsurers (ABIR) said: “A...

A Florida politician yesterday launched an attack on Bermuda amid a bid to transfer more than $2.2 billion into the private reinsurance market. Representative Frank Artiles said moves to transfer the risk from the state-run Florida Hurricane Catastro...

AQR Re Management Ltd is to wind down its operations after three years in business as a result of the reinsurance industry’s “consolidating market dynamics”. Some people will consequently lose their jobs at the firm, which works out of offices at 3 B...

Retirement is an old, overused word. Retirement is no longer relevant in today’s global society. This opinion (mine) is that Bermuda’s economy is just not producing (or keeping on Island)* our skilled young people in numbers anywhere near close enoug...

Dear Dave, My daughter is in her late 20s, and she has a good job making $50,000 a year. The other day, she told me she has $15,000 in credit card debt and has financed an expensive car she’s upside down on. Her apartment costs $600 a month, and she...

After losing her husband within months of surviving a medical emergency against all odds, a Devonshire mother of two aims to fulfil their joint dream of helping others. Rosana Vickers suffered a series of family tragedies — including her own near-fat...