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The catastrophe reinsurance market may be about to undergo a “significant strategic development,” according to a report issued this week by Willis. The latest insurance-linked securities (ILS) report put out by Willis Capital Markets & Advisory (WCMA...

Bermuda-based White Mountains Insurance Group is funding a new mutual municipal bond insurer to guarantee US state and municipal debt. Build America Mutual Assurance Co (BAM) will start with $600 million of initial capital and its business will be ba...

Forget media masochism and allow yourself to see positives in the euro crisis. Equities are cheap and now's the time to buy. Sometimes I think I would be better off if I never picked up a newspaper or logged into a news site ever again. Keeping up w...

Does the small investor have any trust left in capital markets? Trading market volatility still arises reflective of the ongoing Euro zone crisis, the upcoming US election, the US debt ceiling issues and contemplated changes in US tax rates and the e...

July 17, 2012 Dear Sir, It has taken many years to write this letter. My background is Bermudian, arriving here when I was 11. I had no chance to go to college, so joined AIG in 1958; left them in 1963 to join Fred Reiss’s International Risk Manageme...

Bermuda’s push to strengthen economic ties with oil-rich Gulf nations is gaining traction. Tourism Minister Wayne Furbert said yesterday he came away from a round of meetings in London this past week “very encouraged” — and a follow up trip to the Gu...

Bermuda’s Meridian Fund Services has been named the best hedge fund administrator in North America by Hedgeweek. Meridian’s Bermuda-based CEO Tom Davis, in a special report in the magazine’s July issue, attributes the company’s success and high level...

Law firm Drinker Biddle & Reath hosted a panel discussion and Q&A on the impact of the Dodd-Frank Act on the Bermuda insurance market. The event, which was sponsored by the Bermuda Foundation for Insurance Services (BFIS), was attended by some 40 Be...

Bermuda’s international business community was a topic of discussion in the Senate yesterday, with Opposition Senator Michael Fahy calling on Government to restore the trust with the reinsurance industry. As reported by The Royal Gazette earlier this...