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Tokio Millennium Re’s (TMR) new US branch has received a licence to do business. The company, which has offices in Bermuda having been established on the Island in 2000, said yesterday that the US branch will focus primarily on non-catastrophe risks,...

The sobering assessment of cyber threats is that they are here to stay. But cyber security experts speaking at the Bermuda Captive Conference yesterday urged companies to take a corporate approach to the problem, as opposed to just an IT approach, b...

Fitch Ratings said yesterday that its downgrade of Bermuda’s credit rating — announced last Friday — does not currently impact Fitch’s ratings of Bermuda-domiciled insurance companies. The Island’s international re/insurers are seen as “being highly...

Gibraltar officials are in Bermuda stepping up their efforts to build a strong insurance presence at home. A delegation meets this week with Premier Michael Dunkley, as the fellow British Overseas Territory pursues an agenda they say is of mutual ben...

Companies which import smaller consignments of freight have faced logistical and pricing difficulties getting their merchandise to the Island. Shipping, storage and international project management company, Bermuda Forwarders Ltd, has now launched a ...

Bermuda is on display this week to hundreds of visiting professionals in the global captive insurance market, many of whom have brought their families to enjoy the Island while they are getting down to business at the Bermuda Captive Conference at th...

Bermuda’s captive insurance market has strong prospects for growth, as the types and uses of captives grow increasingly innovative and sophisticated. That is the view of PwC Bermuda, one of the sponsors of the Bermuda Captive Conference, which starts...

Attention! Do you know where all of your assets are? Many residents of Bermuda, such as native-born individuals, multinationals integrated into the Bermuda family culture, and globally mobile guest workers have rights to foreign pensions in other co...

Dear Dave, My husband died several years ago. He always worked very hard, and we did very well financially. I am now 48 and have $3.8 million in assets. I’ve found a wonderful man who is very stable and loving with a good job, and we’re considering ...

Life insurers need to leverage the internet and social media to tap into young and lower-income consumer market, according to a report by professional services firm PwC. The report, entitled ‘Forcing the pace: The fast way to becoming a digital front...

Sixteen Bermudian students focused on careers in insurance have seized the opportunity to participate in this summer’s BFIS ‘Intro-to-Insurance’ Intern Programmes in either Bermuda, London, Chicago or Atlanta. Now in its 14th year, the three-week Ber...

NEW JERSEY, GENEVA (Bloomberg) — Thirteen Swiss banks face rising stakes in their own criminal inquiries after Credit Suisse Group AG set a new standard for punishment in the US crackdown on offshore tax evasion. Julius Baer Group Ltd., Zuercher Kant...