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Two new insurance companies and an insurance broker incorporated in Bermuda in July. Broker Link Ltd, Class 2 insurer Nostec Insurance Ltd and Class C insurer Aurigen Reinsurance Ltd all set up on the Island last month. Bermuda Monetary Authority reg...

If you have young children, it is important that you make provision for their upbringing and care in the event of your death, by appointing a guardian. Such an appointment is normally made in your Will, so be sure to make a Will if you have not alrea...

LOM Asset Management’s Stable Income Fund made a return of 9.54 percent in its first year, the company said. As at the end of July, the fund had assets of approximately $25 million after 12 months of operation. LOM said the fund had exceeded its sta...

Registration is underway for anyone interested in the Fall 2012 semester classes offered at the Bermuda Insurance Institute (BII). Classes are preparing students for the Bermuda exam window scheduled for January 15 through February 8, 2013. Exam fee...

Hannover Re, one of the largest reinsurers in the world, reported a 13 percent second-quarter decline in profit citing lower contribution from investments and a substantially higher tax rate that more than offset moderate disaster claims and higher p...