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Two forces are changing the world we live in, causing significant realignments in many major institutions. The results could prove extremely beneficial to Bermuda’s already strong insurance industry. The first force is the graying of the world’s popu...

Bermuda-based Aspen Insurance Holdings Ltd yesterday said Mario Vitale will become its sole insurance CEO, taking a role that had previously been shared with Rupert Villers. Mr Villers, the co-CEO of Aspen Insurance will assume a new position from Ju...

Tropical Storm Debby, the first named storm of 2012 to move into the Gulf of Mexico, moved slowly over the northern Gulf of Mexico on Monday, dumping heavy rains and threatening to bring flooding and tornadoes to parts of Florida. Now catastrophe mod...

The market these days is mainly focused on the drama unfolding in Europe or the fiscal cliff looming in the US. Investors hoping to find solace in emerging markets like China, however, may want to consider a few points. In my article from last July ...

In Bermuda, there is no automatic right for a tenant to renew a lease at the end of the lease period. Instead, an option to renew is often written into a lease in order to compensate for the lack of an automatic renewal right. An option to renew is t...

A four trillion bond issue will reshape troubled Europe’s future. The ongoing nature of the euro crisis means Germany is in as much trouble as France and Italy, despite its reputation as the stable, economic ‘powerhaus’ of Europe. This is a point bro...

This year’s celebration of the fourth of July 2012 in the United States represents 236 years of a strong world-dominant, independent nation, a nation built upon the US constitution and the Declaration of Independence, that “We hold these truths to be...

Deemed the Titanic of 2012, the wreck of luxury liner Costa Concordia cost Bermuda-based reinsurers billions of dollars. To learn from the tragic accident, the Bermuda Insurance Institute (BII) is holding a marine insurance seminar aimed at those who...

Bermuda reinsurers can expect the claims to roll in after a Texas hailstorm last week caused an estimated $2 billion in insured losses. The baseball-sized hailstones put dents in cars, broke windows and damaged homes in the Dallas area. Meanwhile the...