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Dear Dave, I noticed that your Baby Steps list puts saving for retirement before saving for your kid’s college fund. Sending your kids to college would come first on the timeline, so what is your reasoning behind this? Jen Dear Jen, I advise this ap...

Bermuda-based reinsurer Everest Re Group says it will be using alternative capital increasingly as it comes close to closing its first catastrophe bonds. That was the view expressed by Everest CEO Dominic Addesso in an earnings statement that showed ...

Aspen Insurance Holdings CEO Chris O’Kane yesterday told analysts that his company is committed to its stand-alone plan — but conceded that there are many companies that would make potential merger partners, other than Endurance Specialty Holdings wh...

Allied World has reported a 79.9 percent combined ratio for the first quarter of 2014, an achievement which has pleased chief executive officer Scott Carmilani as earnings crushed analysts’ expectations. The Switzerland-headquartered re/insurer’s und...

Aspen Insurance Holdings Ltd’s first-quarter profit rose by nearly a third compared to the same period last year to $120.4 million, as the company trounced Wall Street’s expectations. The Bermuda-based insurer and reinsurer, which is the subject of a...

The chief financial officer of most companies has been focused on the regulatory requirements of the Sarbanes-Oxley Act, and then the cost-cutting requirements of the recession. A KPMG research document stated: “Diverted by the need to respond to suc...

Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) saw their profits increase in a year of low catastrophe activity. Releasing 2013 underwriting results on Thursday, ABIR said profits totalled $11.7 billion in 2013 for the ...

Shares of Bermuda reinsurer Platinum Underwriters Holdings Ltd climbed nearly four percent in New York trading on Thursday after the company reported first-quarter net income of $63.7 million. Platinum shares were up $2.35, or 3.9 percent, to close a...

Allied World Assurance Company Holdings, AG is expanding its North American insurance operations with the opening of a branch office in Toronto, Canada. Gord Kerr has been appointed senior vice-president, chief agent and branch manager for the region...