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A major player in the insurance industry in oil-rich Qatar has bought up a Bermuda-based reinsurer. Qatar Insurance Company (QIC) has taken over Antares, owned by Lightyear Capital and headed by Stephen Redmond, which has a presence on the Island and...

Bermudian accountant Antoinette Francis Bolden has been fined by the Institute of Chartered Professional Accountants of Ontario as a result of a conviction in Bermuda’s courts. Mrs Bolden and her husband David, were convicted in 2011 of misleading th...

Bermuda insurance group Hamilton has hired a graduate of the US military training school West Point to lead its battle for business in America. Conan Ward, who worked in Bermuda for several years, moves to recently-founded Hamilton from his own consu...

The second Bermuda insurance-linked securities (ILS) conference will be held from November 12-13, organisers have announced. Arthur Wightman, insurance leader at financial services firm PwC and an ILS Bermuda committee member, said: “The year 2013 re...

Bermuda Financial Fundamentals Review Part 3 – Cash, Foreign Currency, Credit, and Money Market Mutual Funds. Bermuda is a small island, 21 square miles, with a resident/ guest worker population of approximately 60,000. Insignificant in size, signif...

Nearly three-quarters of reinsurance and insurance chiefs are worried about the prospects of a slump in business in traditional markets, research from financial services firm PwC has revealed. The PwC survey found that almost half of those surveyed s...