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The Association of Bermuda Insurers and Reinsurers has announced the formation of the new Abir Data and Privacy Taskforce to help ensure Bermuda meets international requirements regarding the use of personal data. The task force, chaired by Jim Paugh...

Maiden Holdings Ltd has achieved a second consecutive quarterly profit as losses stabilised and it regained compliance with Nasdaq listings regulations. The Bermudian-based company with insurance subsidiaries providing specialty reinsurance, has repo...

Taxi owners who are policyholders with Colonial Insurance Company can, from today, secure a 15 per cent discount on their annual premiums if they renew their insurance policy before October 1. Naz Farrow, Colonial’s chief executive officer, said the ...

The rule of law is an umbrella philosophy grounded in legality. It ensures the restriction of the arbitrary exercise of power by holding the law accountable to well-defined and established laws, such as lawfulness, fairness and the delivery of justic...

You have to ask. How can the same house with little to no changes be worth so much in a booming economy, then so much less when an economy has declined? It can be argued this is a normal outcome of the ebb and flow of an economy, and can be totally ...

As human beings, emotions drive a lot of our financial decisions. And you know what we’re spending a lot of time with during the quarantine? Our emotions. If you’ve had a rough day and you’re feeling angry or sad, you might buy a new outfit because ...

Job losses are not expected as a result of the proposed merger between Bermuda reinsurers Third Point Re and Sirus Group. Two executives who will have senior roles in the new combined company, to be called SiriusPoint, say the deal is focused on crea...

Mike Hoffmann has joined the Everest Insurance to fill a newly created role as head of risk and ceded reinsurance. He will be based in the company’s Bermuda office. Mr Hoffman, who was formerly with Allied World Assurance, will lead a team with respo...

US Consulate General Hamilton is aware of inconveniences caused by the suspension of mail services from the United States to Bermuda. US Consul General Lee Rizzuto has made the restoration of US postal services one of his top priorities during this ...

Executemps Ltd, one of Bermuda’s longest established temping agencies, is under new ownership. Michelle White, the new owner, is promising to bring 21st-century innovation to the resource service business. “Many will probably wonder why anybody wou...

Dear Sir, This is a letter addressed to the Premier of Bermuda. Five months! When is the Bermuda Post Office opening for international mail to Bermuda? I’ve phoned and e-mailed, but not one answer. I searched: 1, www.gov.bm/department/post-office. No...

Law firm Carey Olsen Bermuda has launched a new corporate service provider business. Carey Olsen Services Bermuda Ltd specialises in the complete range of corporate administration and compliance services, including the formation and incorporation of ...