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Ahead of its fourth-quarter earnings report, Axis Capital Holdings Ltd has said its results will be impacted by a pre-tax loss of $140 million for catastrophes and other weather-related events. The Bermudian-based insurer and reinsurer said those los...

Hamilton Insurance Group has appointed Brad Sforza to senior vice-president, head of property reinsurance, for its new US reinsurance platform. Mr Sforza was previously with PartnerRe, where he was vice-president, property and multiline treaty. He j...

Managing your financial life requires following three rules: 1, Spend less than you earn. 2, Prioritise investing for your future. 3, Figure out what matters and spend accordingly. If you follow these simple rules, you can ignore the rest of this col...

Dear Dave, My wife and I made a resolution this year to pay off $20,000 in credit card debt we’ve accumulated. I want us to follow your plan, and live on a really tight budget. She wants us to use a debt consolidation company, like some of her friend...

The monthly Moneywise Pretend Portfolio articles are generating interest, raising awareness of investing, and reader questions. Investments, even though we don’t realise their impact, are part and parcel of everyone’s financial life. Today, we featur...

The world’s first captive insurer to provide custody insurance for cryptocurrency assets has been set up in Bermuda. US cryptocurrency exchange Gemini has established the captive, named Nakamoto, to provide itself with insurance that has proved diffi...

Civil unrest in Hong Kong and Chile, together with tornadoes and wildfires in the US, and a typhoon in Japan, contributed to estimated net pre-tax catastrophe losses of $430 million for Chubb Ltd in the fourth quarter. After tax, the estimated catast...

Global reinsurance, wholesale and specialty broker Ed has boost its team with the Bermuda appointment of Colin Kelley, who was previously with Sompo International. He has been announced as the head of Ed’s new liability division in Bermuda, and will ...

From coffee beans and non-plastic cutlery, to LED light bulbs and motion-sensor lighting, Chubb Ltd has found ways to make its Bermuda offices more energy efficient and environmentally friendly. So much so that last month its building on Woodbourne A...

Haven’t we stopped this new year’s resolution business yet? I will say at the outset that I have never made any resolutions — ever. I don’t believe in them, yet still wonder why some people do. You never keep them, do you? At least you never keep the...

Markel Corporation has appointed Bermudian Margot Green as head of Bermuda claims. She will manage the Bermuda professional liability and property claims teams, in addition to the casualty claims team that she currently manages. In addition, she wil...

Many people make new year’s resolutions — they’ll lose weight, they’ll budget better, they’ll quit smoking. But before January is even over, so many people fall off the wagon that this Friday has been designated “Ditch Your Resolution Day”. Human r...