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Home Affairs Ministers Michael Fahy has praised an internship programme for Bermudians, which was launched this week by the Lancashire Foundation. Senator Fahy described the scheme, which will see two college graduates sent to Lancashire Holdings Ltd...

NEW YORK (Bloomberg) — Funds specialising in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss. At Leadenhall Capital Partners in London, ...

Bermuda needs to roll out the red carpet at home and abroad to attract new business, a major seminar on captive insurance heard yesterday. And the key to attracting more business from the booming markets of Latin America is personal visits, as well a...

Dear Dave, What would you recommend for 401(k) contributions while getting out of debt? Chaz Dear Chaz, I recommend putting a temporary stop to investing while you’re getting out of debt. Lots of people are shocked by this advice, because they’re a...

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...