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Activist shareholder Voce Capital Management is pushing for five new independent directors to replace incumbents on the board of Bermudian re/insurer Argo Group. Voce says the governance situation at Argo has “significantly deteriorated” since the in...

Chubb Ltd has increased its ownership in China’s Huatai Insurance Group Company Ltd. It is expected to own 46.2 per cent of Huatai’s shares upon completion of an agreed purchase of an additional 15.3 per cent of the group. This comes in the wake of r...

Insurers and reinsurers in Bermuda can expect to feel more heat as efforts increase to make them pull away from the coal industry and fossil fuel sector. An updated scorecard that measures which insurance companies are taking action on coal and clima...

Have you heard the Scripture, “God loves a grumpy giver”? Wait, that can’t be right. It says, “God loves a cheerful giver.” That makes a lot more sense. I’m sure we’ve all experienced the joy that giving brings, and Christmas is the perfect time to ...

This week we review the report of the Auditor-General for completion of audit work for the financial year that ended March 31, 2018. Eight days ago the report was tabled in Parliament. It was submitted by Auditor-General, Heather Thomas, to the Bermu...

The Bermuda office of London-based re/insurance specialist Neon is to close. Personnel in Bermuda and London will be impacted by the move, the company said yesterday, adding that details have not been finalised. The on-island office of Neon is though...

Lloyd’s of London announced a new campaign to encourage more people to speak up against “unacceptable behaviour”. The campaign is part of a programme of measures put in place to “accelerate progress towards a culture of integrity, respect and inclusi...

Planning for your future is simple: do you believe that? Most people think it is important — but only a few actually do it. There is a hesitancy for many people — either caused by putting it off, or being scared to do it, or not knowing how to get st...

First, the evidence at hand. As you read this, and as confirmed by the Ministry of Health, there are 5,341 Bermudians, spouses of Bermudians and permanent resident’s certificate holders representing approximately 8 per cent of our population who are ...

Hamilton Insurance Group has introduced a new parental/caregiver leave policy that reflects the company’s commitment to diversity and inclusion. The Bermudian-based re/insurer will grant five months’ paid maternity leave for mothers/primary caregiver...

Bermudian-based re/insurer Hamilton Insurance Group Ltd has announced that it is placing Acappella Syndicate 2014 into run-off. Acappella is a third-party-capital-supported Lloyd’s syndicate included in Hamilton’s recent acquisition of Pembroke Manag...

As those of you who follow Olderhood will know, my business partner Bill Storie is a Scottish chartered accountant and the undisputed financial whiz kid in the family. This is good in that it alleviates me from the responsibility of offering strateg...