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Bermuda’s captive insurance companies are likely to see expansion as their parent corporations use them to deal with emerging risks, according to captive industry expert Andy Barile. But as the captives take on greater and more complicated risks, cap...

Bermuda’s banks have joined together in the fight against online fraud after an increasing number of e-mail scams on the Island. Criminals use phishing scams, or phoney e-mails, to try and get customers’ personal and banking information, and they’re...

Opposition MPs yesterday called for Bermuda to ensure ships registered here maintain the highest possible standards. Shadow Government Estates Minister Cole Simons asked for an update from the Transport Minister on an incident in April when a Bermuda...

In today’s world of excessive market volatility amid a seemingly endless credit crisis, investors are seeking two things: yield and safety. But with capital markets constantly in flux, no investments are completely safe and the ones that appear safe...

The Bermuda Insurance Institute (BII) has appointed Ariel Re chief underwriter of property insurance Chris Fisher as the group’s new president. Mr Fisher is replacing BFM CEO John Wight. Appointed at the BII’s recent annual general meeting, Mr Fisher...

Social media has now made it onto the list of top five risks — right up there with financial risk. A new Deloitte and Forbes Insights report finds that while the majority of executives surveyed anticipate that the global economic climate will be the...

Shadow Finance Minister Bob Richards yesterday claimed Government doesn’t understand why the Post Office’s ‘return-to-sender’ policy is giving Bermuda a bad name. Mr Richards joined Ombudsman Arlene Brock in urging the Post Office to recommence deliv...

Ombudsman Arlene Brock earned her salary in her annual report last week when she revealed that the General Post Office’s “return to sender” policy was not only wrong-headed, but wasn’t saving much money either. Ms Brock began her investigation into...