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Brian Duperreault tops the rankings in terms of executive compensation in the property and casualty insurance industry. Mr Duperreault, a Bermudian and the chief executive officer of American International Group, earned $20.8 million 2018, according ...

A body representing Bermuda’s leading international re/insurers welcomed the island’s removal from the European Union tax blacklist and pointed out the depth of the industry’s relationship with Europe. The Association of Bermuda Insurers and Reinsu...

“Digitise or die” sums up the future for insurers. That is the view of Laura Hay, global insurance leader for professional-services firm KPMG, who believes industry players must harness cutting-edge technology or face losing out to tech-savvy rivals....

All Bermuda residents trying to maintain a reasonable budget for their families, along with saving for a rainy day, continue to cope with more cost of living challenges going forward. This time it is another increase in healthcare. Effective June 1, ...

I’m going to come right out and say it: anyone can become a millionaire today. And when I say anyone, I mean anyone — that means you, too! Did you know there are about 12 million Americans today with a net worth of at least $1 million? And the good ...

Bank customers with Bermuda dollar accounts will have up to $25,000 of their money protected should their local bank collapse. In such circumstances, they will receive compensation through the Bermuda Deposit Insurance Corporation, providing they ful...

In the latest twist in the proxy battle between Argo Group International Holdings Ltd and activist shareholders Voce Capital Management LLC, a proxy advisory firm has said “it would be reasonable” for the chairman of Argo to be asked to leave the boa...

Bermudian-based Sun Life Financial International has launched Sun Global Sentinel, a permanent participating whole life insurance product aimed at high net-worth clients. The company is a unit of Sun Life Financial, the Toronto-based financial-servic...

Insurance industry veteran Brian Duperreault has been made the honorary director of the charity that provides transport for the elderly and disabled. Mr Duperreault, the chief executive officer of global insurance firm AIG, was given the accolade by ...

Proxy advisory firm Institutional Shareholder Services Inc yesterday refused further comment after taking a swipe at Bermuda as a domicile in a report about a high-profile proxy battle. ISS, a subscription service for institutional investors, issued ...

The dispute between Argo Group International Holdings Ltd and activist shareholders Voce Capital Management erupted again after a proxy advisory firm threw its weight behind Argo’s slate of director nominees in advance of the firm’s annual general me...