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The 2020 Bermuda Captive Conference will be hosted on a virtual platform for the first time in response to the continued uncertainty from Covid-19. The event, scheduled for September 9 to 11, will examine trends in the global captive market and brin...

Dear Dave, My wife and I are trying very hard to save money and pay off debt, but we’re not making progress as quickly as I had hoped. What do you think of the idea of putting a hold on our son’s allowance for the jobs he does around the house until ...

This article continues our discussion of post-Covid-19 recovery with thoughts of everything returning to the old normal, a semblance of normal, or the new normal, or something quite different again. No one really knows how recovery will completely s...

Bermuda’s re/insurers have been raising billions of dollars in capital in recent weeks amid a time of uncertainty and opportunity in the industry. RenaissanceRe and Arch Capital have each announced $1 billion offerings this month, while Fidelis has d...

Nine Bermuda reinsurers hit with a number of high catastrophe-loss scenarios would be able to meet all their obligations, a stress test by financial regulators found. Tests conducted jointly by the Bermuda Monetary Authority and Britain’s Prudential ...

Most of the crew on the Bermuda container ship MV Oleander have reached or gone past the end of their regular three-month contracts, but are unable to travel home or take shore leave because of the coronavirus crisis. Strict precautions to prevent Co...

Technology could put most insurance underwriters out of a job over the next decade, says an industry expert. Peter Cullum, founder of London-based insurance broker Global Risk Partners and an executive with five decades of insurance industry experien...

A new reinsurer is in the process of setting up in Bermuda. Independent specialist legacy acquirer Compre has received regulatory approval in principle from the Bermuda Monetary Authority to establish a Class 3A reinsurer on the island. Compre said ...

Have you been stressed during budget conversations? Are you anxious at the grocery store checkout when you hear the total? Do you seem to be buying more and more stuff to make yourself feel better about everything? Kids pick up on these things, and ...

The whole Covid-19 crisis has seemed unreal, from beginning to where we are now, for those relatively unaffected by health or job worries. We are all probably functioning on “hope for the best” basis at this point in time. The gradual, monitored sma...

British-based insurtech firm Nayms Ecosystems is opening an office in Bermuda. The company believes its smart insurance contracts can be applied to facilitate the underwriting of digital asset risk and to provide a liquid market for insurance-linked ...

Clarien Bank is extending its loan-deferral programme for another three months to assist customers who have been financially impacted due to the Covid-19 pandemic Clients must inform the bank of their intention to opt-in to the payment deferral for ...