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It accounts for only one per cent of global assets today, but Islamic finance is growing fast and it offers an interesting alternative to the way the financial sector operates across much of the world. That was part of the message presented by Belaid...

Job losses will likely result from the planned merger of Axis Capital Holdings Ltd and PartnerRe Ltd, said the man who will lead the new combined company. In a joint statement on Sunday night, the two companies said they had agreed to a “merger of eq...

An innovative microinsurance venture incubator has been set up in Bermuda with the aim of helping to bring insurance and risk protection to billions of people in areas of the world underserved by the global insurance market. The microinsurance ventur...

An innovative microinsurance venture incubator has been set up in Bermuda with the aim of helping to bring insurance and risk protection to billions of people in areas of the world underserved by the global insurance market. The microinsurance ventur...

A Bermuda Institute team of wheelers and dealers are top of the table in an investment challenge for schools. The Tradewins team has pulled ahead of first-month leaders Checkerboards from CedarBridge Academy and is one of only three teams in the KPMG...

Hamilton Insurance Group has appointed insurance sector veteran Dermot O’Donohoe to lead the group’s operations at Lloyd’s. Mr O’Donohoe is the former group chief executive officer of global speciality insurer Torus Group. He oversaw the transition o...

This is part one of a review of balanced mutual funds available in Bermuda. Last week’s Moneywise column focused on that week’s volatility in capital markets, particularly in the United States where the daily swings to gains and losses were anywhere...

Dear Dave, I follow you on Twitter, and I was wondering if you recommend buying an umbrella policy. If so, how much? Dean Dear Dean, If you’ve started to win with money and build some wealth, an umbrella policy is some of the cheapest insurance you ...

Reinsurers are ready to take on more terrorism risk, the head of the Association of Bermuda and Reinsurers (ABIR) said yesterday. Bradley Kading, the president and chief executive of ABIR, was speaking after the US Senate voted to renew a federal bac...

Insurance-linked securities could be heading for a second successive year of record issuance, says a unit of global insurance and reinsurance broker Willis Holdings Ltd. Willis Capital Markets & Advisory said in a report that investor interest was co...