HeyJaredJonathan Kent
- Indexed articles, last 90 days
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- Oct 1, 2026
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- Jul 5, 2026
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Converting savings into decades of income the big issue for retirees (opens the original)
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Saving sufficient funds is one part of the retirement equation — working out how to turn those savings into an income that lasts for a life that could last another 30 years is the next challenge. That was one of the key takeaways from a panel on geopolitics, demographics and the global retirement gap at the Bermuda International Life and Annuity Conference this week. Insurers and reinsurers have a key role to play in enabling retirees to meet their financial needs, given that most now face the d
Allshores posts 15.7% rise in operating profit (opens the original)
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Allshores recorded operating earnings of $31.9 million for the first six months of 2026, up 15.7 per cent from a year earlier. Net income was $44.5 million for the period, down 41.3 per cent from 2025, when results included a $45.8 million one-off accounting gain arising from the amalgamation of BF&M and Argus. Shareholders’ equity — in effect the company’s net worth — rose to $478.1 million at June 30, from $386 million a year earlier, an increase of 23.8 per cent. The Bermuda Stock Exchange-li
Sun Life launches new Bermuda business (opens the original)
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Sun Life has launched a new company aimed at high net worth clients, Sun Life Bermuda Ltd, a wholly owned insurance subsidiary of Sun Life Assurance Company of Canada. The new subsidiary is licensed and regulated by the Bermuda Monetary Authority and will operate alongside Sun Life Assurance Company of Canada (Bermuda Branch). In a statement, the company said that Sun Life Assurance Company of Canada (Bermuda Branch), which has operated on the island for 30 years, will continue to support non-pa
US ‘mulling tougher capital rules’ for offshore life reinsurance (opens the original)
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US insurance regulators are considering tougher capital requirements for some offshore life reinsurance deals, delegates heard at a conference in Hamilton yesterday. Scott White, president of the National Association of Insurance Commissioners, said regulators were particularly concerned by life and annuity transactions that left insurers holding less capital than they would be required to do under US standards. He added that the NAIC is also strengthening its oversight of private-credit investm
BAS offers to buy back up to $2m in shares (opens the original)
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Bermuda Aviation Services plans to return up to $2 million to shareholders through a tender offer that could reduce the number of shares it has in circulation by about 18 per cent. The Bermuda Stock Exchange-listed company is offering to buy up to 909,091 shares at $2.20 each. Shareholders can choose whether to sell, and any shares BAS buys will be cancelled. In an announcement on Monday, BAS said the price was more than 15.8 per cent above its last traded share price and about 63 per cent above
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