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Dear Dave, I know you talk about having an emergency fund of three to six months of expenses set aside. My husband and I are having a difficult time agreeing on exactly how much we should set aside for emergencies. How do you determine the exact amou...

This is part two of the overview of the original innovative Bermuda National Pension Scheme (Occupational Pensions) Act 1998, the National Pension Scheme (General) Regulations 1999 and the 2019 amendments to same that were tabled in House of Assembl...

Willis Towers Watson has teamed up with governments and international organisations to launch the Coalition for Climate Resilient Investment. The insurance broker and risk advisory firm is leading the coalition, which aims to “transform infrastructur...

Insurers have a unique role to play in helping the world to adapt to climate change, according to Mark Carney, Governor of the Bank of England. Britain’s top financial regulator said the industry’s expertise and capital would be essential in “smoothi...

The rapid growth of the cannabis industry has implications for the re/insurance industry, says the moderator of a panel at next Thursday’s annual conference of the Bermuda Insurance Institute. Mark Simons is senior vice-president, FINPRO, at brokers ...

The island’s insurance companies have begun to pay out after receiving hundreds of claims for damage caused by Hurricane Humberto. The Category 3 storm hammered Bermuda last Wednesday evening and into Thursday morning, causing widespread power outage...

The power and the glory: as I write this article on the afternoon of the Sunday after the hurricane, I’m inclined to forego the latter in search of the former. We are at this point, some 96 hours in the dark. I’ve often wondered what island life was ...

Bermudian-based Nephila Capital, the world’s largest manager of insurance-linked securities, has selected finance automation software provider Phinsys to provide the accounting and finance platform to support the launch of its Lloyd’s managing agency...

Maurice “Hank” Greenberg is to receive a “lifetime leadership” award from St John’s University’s School of Risk Management, part of The Peter J. Tobin College of Business. Mr Greenberg is chairman and chief executive officer of CV Starr, Starr Insura...

The Corporation of Hamilton has issued a request for proposal regarding the operation of the Hamilton cargo docks. A statement issued by the corporation said: “The port of Hamilton is a dynamic port facility. By supporting cargo ship calls it has be...

Bermuda insurance industry veteran Fiona Luck is expected to be confirmed today as chairwoman of an independent advisory group set up by Lloyd’s of London to ensure that sweeping reforms to its culture are carried out. The Sunday Times reports that M...

Bermuda’s only cargo dock may be operated by a new licensee for the first time in more than half a century. The Corporation of Hamilton has issued a request for proposal for the “exclusive maintenance, improvement and operating concession” for the Po...