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Clearing out the explosive jungle that constitutes part of the garden while enjoying fall, a favourite season in Bermuda, the parallels between the growth of plants and the appreciation and allocation of an investment portfolio seemed natural. Bermud...

Why can’t countries act like companies? If the US was an incorporated company instead of a sovereign nation, it would be bust and filing for bankruptcy. Many European countries are in a similar financial position. First world finances are so topsy-t...

Bermuda-based Platinum Underwriters reported net income of $84.9 million for the third quarter 2012 despite suffering $17.6 million in underwriting losses related to North American crop reinsurance. Platinum’s net income is a huge swing to profit com...

New rules to bulletproof insurers in the European Union against financial crises will likely be delayed another two years because of continual disagreements over the final shape of the rules. Insurers had expected the Solvency II rules, scheduled to...

A little more than one month out from the official end to the 2012 hurricane season and risk modellers are calling it one of the most active seasons in more than 150 years. Through October 17, the 2012 Atlantic Hurricane Season has produced 17 named ...

Insurance broker Willis Group Holdings has announced long-time chairman and chief executive officer Joe Plumeri is stepping down from the world’s third-largest brokerage at the beginning of next year. Dominic Casserley will serve as the group CEO wh...

The Eurozone financial crisis continues to be one of the most significant challenges facing insurers, although capital is strong for the European primary insurance market. That’s according to ratings agency, AM Best. In a new report, “European Non-Li...

Philadelphia Financial Group — which in August set up two subsidiaries in Bermuda — yesterday announced the appointment of James Hom as chief financial officer to help guide the firm’s continued US and international growth. The Philadelphia-based pr...