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If you fail to plan, you plan to fail. To get somewhere in life, we need to know which way we are heading and a roadmap of how to get there. For some reason, so many of us leave our most important decisions to chance. Or we caught-up in the details a...

I recently was asked to speak a Sandys Rotary weekly meeting. I thank them for the opportunity to share my commitment to increasing financial literacy through the sharing of financial information. This is a committed group of concerned Bermuda resid...

Bermuda-based re/insurer Aspen Insurance Holdings Ltd yesterday has more than doubled its estimated losses from September’s earthquake in New Zealand. Based on new information Aspen said yesterday that the earthquake, which caused widespread damage o...

Ironshore Specialty Casualty, a unit of Bermuda-based Ironshore Inc, has boosted capacity for its public entity product and will increase available limits from $10 million to $25 million. The capacity may be deployed on a retained limit, excess or re...

A 31-year-old Turkish mariner is being treated in King Edward VII Memorial Hospital for a broken arm after being airlifted off a cargo ship this morning. The sailor was winched off the merchant ship Askabat by a US Coast Guard helicopter just after 8...

XL Group plc has hired Fielding (Fid) Norton III from Bermuda-based rival Ironshore to enhance the firm's enterprise risk management. Mr Norton, who was chief risk officer at Ironshore from the company's inception in 2007, will be XL's deputy chief e...

Bermuda-based reinsurer Everest Re Group Ltd has announced that it has entered into discussions with Heartland Crop Insurance Inc about the potential acquisition of the Kansas-based company by Everest Reinsurance Holdings Inc, or one of its affiliate...

PartnerRe yesterday more than doubled its estimate of losses relating to the New Zealand earthquake to between $140 million and $160 million. The 7.4-magnitude quake rocked the South Island on September 3 this year and caused widespread damage in and...