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In today’s marketplace, businesses are constantly changing and evolving and employee transition is a part of the day-to-day landscape. At Ontru, we work with companies to support the employment transition process, which includes helping employees to...

Record-breaking winter storms in the United States caused more than $1 billion of insured losses last month, according to estimates by Aon Benfield. The US has been hit by a string of winter storms this year, which in January were estimated to have c...

This is an adaptation of an article written originally for Moneywise in early 2009 as the Bermuda economy fell off a cliff. It has been updated to reflect the current recession. The state of our economy and the Bermuda government debt is on everyon...

Dear Dave, I have a problem with impulse spending. I switched to a debit card so that the money comes straight out of my checking account, but I still buy things I know I shouldn’t. Should I stop using the card? LAUREN Dear Lauren, Debit cards are g...

A top executive of Third Point Reinsurance Ltd has stressed that the Bermuda-based firm is a “real insurance company” as US tax authorities seek to clamp down on what they consider to be hedge fund investment vehicles masquerading as reinsurers. Thi...

A final report by a Euro regulatory body has backed Bermuda’s bid for “third-country equivalence” with the EU’s Solvency II rules. EIOPA, the EU’s insurance regulators, continued to favour Bermuda in the final version of their report, submitted to th...

Life reinsurance company Beechwood Re has set up a Bermuda-based affiliate, the company announced today. Beechwood Bermuda International Ltd will be headed by chief operating officer and head of underwriting Graham Mackay, who has joined Beechwood fr...

Bermuda’s ship registry has just logged its biggest single transaction of 14 ships. The ships are owned by Team Tankers International, the new holding company for Eitzen Chemical shipping group, which last year decided to domicile in Bermuda and rebr...