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Clarien remained the most heavily invested of Bermuda’s banks in loans to customers at 77 percent of assets, according to the 2014 KPMG in Bermuda Banking Survey, which is out today. The report contains the results of KPMG’s annual survey and analysi...

This week, we focus on managing your money to benefit you. In Bermuda’s current economic environment, keeping up with the home mortgage payment is probably the number one challenge for every Bermuda homeowner. The last several years of the Bermuda M...

Dear Dave, I have job offers from two tech companies. One is in San Antonio and pays $55,000 a year, while the other is in Silicon Valley making $100,000 a year. My friends are advising me to move to California, but I feel like I’d have more money i...

The World Bank has issued its first catastrophe bond — a $30-million deal providing reinsurance protection to an earthquake and hurricane insurance fund, whose beneficiaries are Bermuda and 15 Caribbean governments. All 16 countries are signatories t...

Market pressures on the risk sector at July 1 renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double-digit range, according to global reinsurance broker Guy Carpenter. “While the impact ...

There are shifting sands in the world of Bermuda’s public accountants, who have now accomplished what many said was impossible. They have unified under one umbrella organisation, bringing together more than 820 professionals of three different accoun...

The April through June period set a new quarterly record for the volume of catastrophe bonds issued. According to a report by Willis Capital Markets & Advisory (WCMA), $4.5 billion of non-life catastrophe bond capacity was issued in 17 deals in the s...

Dear Dave: My husband has a great job, and I love my work and schedule as a substitute teacher. However, he wants me to take a full-time position so we can build more wealth. The only debt we have is our house, and we’ve already saved and invested a...

Part three — The Final Recommendations for a Parent Left alone — the Moneywise Family Plan Part one on June 14, 2014 and June 21, 2014 can be found on The Royal Gazette website under the links at the bottom of this article. Our composite client, a...

Three teams of four Bermudian university students will be learning in depth about the insurance business in Atlanta, Chicago or London from July 7 to 18. Yesterday they all met in the BFIS office for a briefing by Michael Fisher, BFIS chairman and f...