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This is part two of an article on suggestions to raise revenue during Bermuda’s covid recovery. Our government has utilised significant, precious financial resources to assist thousands of local residents: the unemployed, and those temporarily or mad...

May 20 was “Be a Millionaire Day” in the United States. I know, it might be a strange thing to bring up at a time like this, when the economy is limping along thanks to the coronavirus shutdown. But I disagree. In fact, it’s more important than ever ...

Reinsurance industry leaders are coming together to provide a series of online webinars featuring some of the top companies from Bermuda and elsewhere. The Bermuda Business Development Agency and Rims, the risk management society, will host a weekly ...

Independent specialist re/insurance broker BMS Group has appointed Alison Schwab, Russell Williams and Robert Thomas to its energy division. Mr Williams specialises in general casualty and energy liability within the Bermuda market. In the past, he h...

Oil Insurance and Oil Casualty Insurance have donated more than $350,000 for ongoing community support primarily to help struggling families. The companies, who annually support about 30 charities, set up a special fund to specifically assist with Co...

The Bermuda Post Office is seeking alternative routes for international mail, which has been halted by the Covid-19 pandemic. A spokeswoman this afternoon said the BPO was “working diligently” with partners overseas, including the United States and B...

Reinsurance, wholesale and specialty broker Ed has externally launched its TradEd portals for carriers and clients in Bermuda. TradEd is an e-trading platform that is used in-house by BGC insurance companies. It is now available to clients and carrie...

This is part one of suggestions to Curtis Dickinson, Minister of Finance, to raise capital and jump-start the “new normal” Bermuda economy. The three most important responsibilities every government has towards its citizens, according to the World E...

Pandemic-related claims are mounting for Bermudian re/insurers, as analysts project global losses of as much as $100 billion for the industry. Many companies in the island’s flagship industry have reported first-quarter earnings this month, featuring...

Dear Dave, I feel truly blessed. Even with everything that is going on these days, I still have a steady job and a good income. I’m thinking about taking some money out of my savings account in order to completely pay off my credit card debt. How do ...

Essential workers can now get a 50 per cent discount on transfer fees at Western Union in Hamilton. The international money-transfer company, on Burnaby Street in Hamilton, joined forces with its island agent Blue Nile Services to introduce the schem...

Hands up those who have heard the phrase “the new normal”. Hands up those who understand what it means. Thought so. I don’t either. It seems to me that we are all desperately trying to define a change in the way we do things as a result of Covid-19. ...