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Bermuda’s captive insurance industry will have to keep a close eye on international tax rules, an expert said yesterday. Richard Irvine, tax leader at professional services firm PwC, said: “Captives in Bermuda will need to continue to monitor the eve...

Dear Sir, It is altogether fitting and proper that we recognise heroes in this manner. I sometimes wonder if we haven’t missed a few. Was Fred Reiss accorded hero status? He was a professional engineer who came here in the sixties from the United Sta...

A new insurance and reinsurance firm has set up with a massive $1.5 billion in equity — one of the largest capital raises on record. Fidelis Insurance has opened its doors after a cash injection from three private equity firms — Crestview Partners, C...

A former White House cyber security expert has warned that Bermuda is a plum target for computer criminals. And she said that Government and the private sector would need to work together on the massive and expensive job of making the Island’s networ...

Finance Minister Bob Richards yesterday told a conference of insurers and reinsurance leaders that offshore jurisdictions — “the dots on the map” — had been under increasing attack and branded as tax havens. But he added: “I'm here to tell you today...

Finance minister Bob Richards has met the Gibraltarian government minister in charge of gambling. Albert Isola, Minister for Financial Services and Gaming in the UK Overseas Territory which borders Spain, yesterday held talks with Mr Richards on “mat...

The recession is over, Finance Minister Bob Richards told a high-profile gathering of leaders in the captive insurance industry. Mr Richards told delegates: “The six-year recession we’ve all had to endure, I think that’s over. “But I think we have to...

Almost a quarter of Bermuda’s population are financial, business, legal and regulatory experts in capital markets, insurance, finance and banking. A survey puts the number who fall into those categories at more than 15,000, according to Ross Webber, ...

Two Bermuda College students have successfully completed an internship with the Association of Bermuda Insurers and Reinsurers. Arisha Butterfield and Seta Douglas both took part in the programme, which is part of ABIR’s community outreach initiativ...