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Reinsurers had a “miraculous” year of strong profitability in 2013 — despite a slew of challenges which ratings agency AM Best expects to weigh on the industry’s future prospects. In its special report on the global reinsurance sector, entitled “Coul...

This is a serious time to review the disparate differences again between the Bermuda Government employees defined benefit plan (the Public Service Superannuation Fund) and the Bermuda private business sector employee defined contribution plan (the Be...

Window cleaning, garage sorting, boat cleaning ... the list of jobs on people’s to-do list is usually long, and there’s never time to do it. These are also times of unemployment and underemployment — and with the culture of entrepreneurship strong in...

Mutual insurer OIL is to pay a total $300 million dividend to its energy industry members after it booked a full-year profit of $631.9 million. The Bermuda-based company told shareholders at its annual meeting last week that it wrote and earned $550....

Reinsurers will report solid underwriting profits for the first quarter of this year as catastrophe loss events were limited, according to Fitch Ratings. Losses from severe winter weather in the US and widespread flooding in the UK will be “manageabl...

Reinsurance pricing continued to fall almost across the board at the April 2014 renewals, according to the 1st View renewals report from reinsurance broker Willis Re. Trends observed by Willis during the January 1, 2014 renewals continued and showed ...

The art and antiques collection of David White, former Editor of The Royal Gazette, is to go under the hammer this week. And Andrea Casling, of auctioneers Hammers, which is handling the sale of Mr White’s estate, said: “This is a major event — it’s ...