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The current and possible future changes in individuals’ and families’ reactions to, coping mechanisms with, and adaptation of habits due to social isolation, quarantining, and the Covid illness itself continues to be a source of intense analysis by e...

Dear Dave, I’m having a hard time saving money. Do you have any practical advice for saving when you have an average income? ­— Nikki Dear Nikki, One thing I’ve learned over the years is that people only start saving money when they learn healthy mo...

Ki, a Lloyd’s syndicate that uses algorithms to do its underwriting, has received $500 million of committed capital from two backers. The backing from funds managed by Blackstone Tactical Opportunities and Fairfax Financial Holdings Ltd will help fun...

As politics ramps up into the Bermuda election, the focus has begun to shift from the current situation to that of the future. One major topic is the future of the economy. In a world ravaged by a virus that has dislocated entire industries and cata...

Wildfires that have burnt through nearly five million acres in California and other western US states, causing deaths and destroying more than 9,600 structures, will cost insurers as much as $8 billion, according to Moody’s. In a report, Moody’s anal...

Arcadian Risk Capital Ltd has launched a new underwriting operation based in Bermuda. The start-up will initially underwrite excess casualty and professional lines insurance. Arcadian has received its licence from the Bermuda Monetary Authority and w...

Phinsys, which provides finance automation software provider for the insurance sector, has launched a new product called Inform, which it said is in response to growing insurer demand for enhanced finance and accounting data analytics. Phinsys has an...

Strategic Risk Solutions, the fourth largest captive management company in the world, has reached an agreement to acquire the operations of Bermudian-based Dyna Management Services Ltd. All staff of Dyna, an independently-owned insurance management ...

Have you ever felt overwhelmed? We all have at some point in our lives, especially when we’re faced with the unknown, something we can’t control, or a season of life when our to-do list seems never ending. Wait, isn’t that every season? Let’s be hone...

Here is a wonderful opportunity for Bermuda residents to enhance your financial literacy with the CFA Society Bermuda. For the second year, the CFA Society Bermuda in partnership with Bermuda College is to offer a four-session series on building fina...

Re/insurance plays a significant role in helping communities recover from natural disasters, a new study concludes. Axa XL, in collaboration with the Centre for Risk Studies at Cambridge Judge Business School, released the report, which also outlines...

The trend of increasing insurance prices is likely to continue, say industry experts. A panel at the Bermuda Captive Conference, which opened yesterday as a virtual event, unanimously agreed that the hard market would have staying power. Patrick Tann...