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Standard & Poor’s outlook revision for Bermuda does not affect the Island’s insurers and reinsurers, the firm has confirmed. The rating agency recently placed Bermuda’s sovereign credit rating from stable to negative, however S&P’s credit and financi...

Dear Dave, I’ve been on medical leave from my job due to an injury. My doctor recently advised extending the leave another six months, but during this time I wouldn’t be paid. My husband makes $75,000 a year, and we owe $40,000 on our cars. This incl...

Money Smart Week starts today at the Bermuda Library on Queen Street. The week-long event will provide information for individuals and families to make help them make better decisions regarding their financies. There will be documentaries and guest s...

(Originally published in Business Bermuda Review 2013, March 2013.) As November 2012 drew to a close, catastrophe modelling firms were releasing their latest insured loss estimates from Hurricane Sandy, punctuating with an exclamation mark what has b...

The Bermuda Insurance Institute (BII) has named former chairman of the Bermuda Insurance Development Council, Roger Gillett, as the recipient of its 2013 Lifetime Achievement Award. Mr Gillett spent 20 years with Johnson & Higgins (Bermuda) Ltd., whe...

Ace Limited has become the latest company to get into the third-party reinsurance capital management arena with the launch of a $95 million special purpose vehicle (SPI) called Altair Re. Ace, one of the world’s largest multiline property casualty i...

The burden imposed by a company’s premises can sometimes be its downfall — when the costs and time spent on setting up weigh on the bottom line. Entrepreneur Tim Miller has come up with a new concept that is not only less burdensome, but takes colla...