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Bermudian-based Sompo International Holdings Ltd has said Julian James will join the organisation to lead the London market and international insurance platforms. Subject to regulatory approval and after a short period of transition, he will succeed...

Ever feel like you have a completely packed calendar and yet don’t really accomplish much at all? The struggle is real! But the struggle is also our fault. We say “yes” far too much. We’re so afraid of disappointing people that we spend all our time ...

Dramatic changes to the Bermuda National Pension Scheme (Occupational Pension) Act 1998, the contributory benefit pension plan designed for all eligible employees in the private sector workforce, were announced by the Bermuda Government last month. A...

A former minister in the Government of Barbados has been found guilty of two counts of money laundering and one of conspiracy to commit money laundering. In the US District Court for Eastern District of New York, Donville Inniss was alleged to have r...

Dear Sir, Today I went to the Bermuda Post Office website with the intention of paying for my post office box. While there is a link on the website to take you to the Bermuda Post Office shop so that you can pay for said mailbox, it does not work. In...

The world’s largest asset manager, BlackRock Inc, which is among the biggest shareholders in a number of coal insurers, has placed sustainability at the centre of its approach to investments. It is now in the process of removing from certain of its i...

Bermudian-based insurers and reinsurers will likely see continued firming of pricing in 2020, with surplus growth and modest gains in underwriting profits driven by organic growth opportunities and solid capital levels, according to Fitch Ratings. R...

Bermuda maintained its position as the premier jurisdiction for captives last year, with a total of 715 captives writing gross premiums of approximately $40 billion, according to the Bermuda Monetary Authority. Twenty-two new captives registered in 2...

The new decade has started with geopolitical tensions. The US military strike on Quasam Soleimani heightened market anxiety and led to a brief dip in the markets. No one knows where this confrontation will ultimately lead, just like no one knew about...

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...