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The comments are many. “It is just does not seem fair, many long-term residents have waited forever just to obtain the right to live here. Others have greatly contributed to the economy, but have no rights at all; they are just considered plain old ...

Bermuda’s reinsurers will be among those paying out estimated claims of between $960 million and $1.9 billion related to high winds that battered parts of Western Europe last week. The range represents the preliminary estimate of catastrophe modellin...

Bermuda’s Parliament approved a number of changes to the Human Rights Act 1981 (the Act) in August, the most notable being the addition of sexual orientation to the list of defined characteristics protected from unlawful discrimination. The Act chie...

Bermuda’s property and casualty re/insurers will likely see their profit margins come under pressure in 2014, according to stock research analysts Keefe, Bruyette & Woods (KBW). In a report published this week, KBW said the sector faced pricing press...

Investors led by insurance industry veteran Brian Duperreault have made a deal to buy out Bermuda reinsurer SAC Re. The company, which was launched with the backing of billionaire trader Steve A Cohen last year, will be renamed Hamilton Re on the clo...

An Island-based international insurer and reinsurer has opened an office in Texas to take advantage of a $100 billion boom in shale oil and gas production. Aspen announced the move to capitalise on the emerging market — and continue its expansion pla...

Five leading executives in Bermuda’s captive insurance industry have been ranked on the “Power 50” list published in Captive Review magazine’s December issue. The London-based publication, with more than 12,000 subscribers, annually selects 50 figure...

Professional services firm PwC is to hold its sixth annual seminar to examine the latest updates in captives, the company has announced. Next Monday’s seminar will look at changes in accounting rules, tax and regulatory matters affecting the captive ...

Numerous jurisdictions are aggressively promoting their natural product — investor immigration programmes — to appeal to very wealthy individuals: protection and privacy, light tax and infrastructure, sophisticated and democratic societies, wonderful...

Two local shipping companies claim they can get goods from overseas to the Island significantly cheaper than the many companies who ship direct to Bermuda via the Border Free website. Both Mailboxes Unlimited and BEST Shipping are warning that import...