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The US Government programme that backstops insurance losses from terrorism acts is set to expire at the end of this year — sending shock waves through the insurance industry which overwhelmingly expected the US Congress to extend it. The attempt to r...

Gail Martin has been appointed chairwoman of the Bermuda Foundation For Insurance Studies (BFIS) — the first female to hold the post. The donor members of BFIS appointed Mrs Martin at the foundation’s annual general meeting this week. She is a vice-...

Insurance workers have come together to present $1,000 to two charities over the festive period. The Chartered Property Casualty Underwriter (CPCU) Society donated $500 in food vouchers to the Eliza DoLittle Society and $500 to the Women’s Resource C...

The last cruise ship of the season has come and gone pulling the curtain down on 2014 cruise schedule. The Ocean Princess came alongside in the capital yesterday morning after arriving from Funchal in Madeira. The luxury liner and her 700 passengers ...

A new reinsurance company has launched in Bermuda with the aim of expanding the reach of insurance-linked securities (ILS). Sequant Re Holdings Ltd announced today that its new Class 3 Bermuda reinsurer had completed its financing. The company said S...

A flood of alternative capital into reinsurance could cause instability and put the industry’s reputation at risk. And XL Group CEO Mike McGavick called for a renewed focus to enhance “trust in the system”. Mr McGavick said at a conference in Bermuda...

Dear Dave, Our daughter wasn’t very responsible with money until she read your books. Now, she has really started turning her life around. Recently, she learned she needs to have some expensive dental work done. Since she just started trying to mana...

Create meaningful memories this holiday season. We know from local news statistics that the holidays will be more difficult for many, many Bermuda families. Money is tight. Job retention and prospects for new employment are still tentative, even with...

It all started with cookies. Then came cakes and cupcakes. Before she knew it, Linnea Masters was running her own business. “It just literally started on a whim,” she said. “One day I did a batch of cookies and people were like, ‘You could sell these...

The KPMG Investment Challenge is under way — and CedarBridge Academy team Checkerboards are making the early running. Checkerboards’ virtual stock portfolio achieved the strongest growth of all 20 teams, putting them at the top of the rankings on the...

An Island recruitment and professional services firm has promoted three Bermudian staff members to full partners. And Doug Soares, managing director of Hamilton-based Expertise, predicted that better times for Bermuda were around the corner as he sig...