Catlin founder: Bermuda tax rises a nasty surprise

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The increasing cost of employing people in Bermuda will add to the pressure on the Island's global reinsurers to locate more jobs in cheaper jurisdictions according to Stephen Catlin

Stephen Catlin, co-founder and chief executive officer of Catlin, said the increases in payroll tax announced by Finance Minister Paula Cox in last month's Budget came as a shock in an interview with

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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