Log In

A rating agency brought the hammer down on Bermuda’s banking sector yesterday with a bad report card citing projected credit losses of more than a billion dollars, for a period not ending for another two years. Standard & Poor’s took various ratings ...

Faced with unprecedented structural changes as a result of a flood of capital markets money seeking to cash in on writing reinsurance risks, the global reinsurance industry faces a fight for survival. But one top broker has proposed a shift in thinki...

Dear Dave, You recommend that no more than 25 percent of your monthly income go toward a house payment. Does this figure include taxes and insurance too? — Ryan Dear Ryan, Yes, it does. Your housing payment should not exceed 25 percent of your month...

Fatca finale — the deadline is in three days. July 1, 2014, precisely, is when foreign banks and foreign financial institutions in more than 100 countries, Bermuda included, having registered and entered into agreements with US Internal Revenue Servi...

Andrew Soares was elected the new chairman of the Bermuda Insurance Institute (BII) during the annual general meeting. Also appointed to the new BII Council are vice-chairman Shannon Totten, honorary treasurer Philip Burrill, honorary secretary Carol...

Most standard lines of commercial insurance business will eventually be commoditised, a leading underwriter has told delegates at the just concluded Insurance Day Bermuda Summit at the Fairmont Hamilton Princess Hotel. But Greg Hendrick, chief execut...

Low interest rates are a “disaster” for the re/insurance industry, costing the same as three major hurricanes each year, Scor chief executive Denis Kessler said at a UK insurance conference. Mr Kessler made the call for low interest rates to end duri...

Premier Michael Dunkley opened the door for international business leaders to dialogue with Government on a stronger partnership to foster more benefits for both business and the Island. Opening the Insurance Day Summit at the Fairmont Hamilton Princ...