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(Bloomberg) — Financial pros have a long history of sneering at mom and pop investors as “the dumb money,” all the while cashing in on commissions each time a sucker sells at the bottom or buys at the top. Now the US. Securities and Exchange Commissi...

WASHINGTON (Reuters) — It's time to watch Washington to see just how bad your New Year's Eve is going to be. Without any action in the Capitol, the US economy is said to be poised to fall off of a "fiscal cliff." Projected increases in taxes and cuts...

Bermuda’s banks intend to check on their account holders to identify “US persons” and supply their details to US tax authorities, in order to comply with tough new American regulations designed to catch tax dodgers. The Bermuda Bankers’ Association y...

Bermuda’s property and casualty re/insurers should be reporting strong third-quarter profits over the next few weeks after light catastrophe activity in the July through September period. That is the view of analysts Keefe, Bruyette & Woods (KBW), wh...

Premier and Minister of Finance Paula Cox is meeting with representatives in the Middle East this week as Bermuda works to strengthen its economic ties in the region. The Premier and a public/private sector delegation from Bermuda are on a weeklong ...

If it seems like the weather is getting worse and there are more storms, droughts and heatwaves these days, you wouldn’t be wrong. And at least one major insurance company says climate change is the driving force behind it all. USA Today reports tha...

LONDON (Reuters) — The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns. The volume of outstanding bonds is set to reach $15 billion this year, a near 30 percent increase fr...

Allied World Assurance has acquired a substantial minority interest in private equity and hedge fund firm, MatlinPatterson. MatlinPatterson and Allied World have long-standing ties. Mr Patterson of MatlinPatterson served on Allied World’s board until...