International business leaders have been weighing the impact of the sweeping payroll tax changes in the Bermuda Government’s Budget on their employment costs. While only the employee’s share of the tax was increased for anyone…
Insurance-linked securities investors have been severely tested over the past decade, as a series of heavy catastrophe loss years have triggered payouts. Trapped capital — when cedants effectively freeze investors’ capital while insured losses develop…
(In photo: Denise Carey, CEO and executive director, and Jean-Ann Hayward, head of operations, HOME) Consumers, employees and communities are raising the bar for corporate social responsibility. The increasing expectation that businesses should be a…
Photo: Climate change will make hurricanes like last year’s Ian a more regular occurrence Climate change poses arguably the greatest challenge faced by humanity in the 21st century. Bermuda will put itself at the centre…
Nicola Hallett of Artex Risk Solutions Hardening insurance market drives companies to seek self-insurance Captive insurance may be an ageing segment of Bermuda’s flagship international industry – but 60 years after the first captive was…
Data and IT vulnerabilities have only increased during pandemic Cyber-risk is high on the list of concerns that keep CEOs up at night – not surprising, given the potential financial, operational and reputational damage that…
Energy inflation: the fuel adjustment rate rose 21 per cent on Belco bills in April Tourism rebound on the cards, inflation starts to bite and retail stuck in down trend Tourism looks set for a…