Eighty-one per cent of businesses surveyed have a ransomware coverage limit under $600,000 – or below last year’s median ransomware demand, a new report has revealed.
BlackBerry Limited and Corvus Ins...
AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited.
The outlook of these credit ratings is stabl...
Civil aviation authorities have been given permission to help owners and lessors regain control of aircraft trapped in an international quagmire that is part of the Russia-Ukraine war.
It could also m...
Digicel has announced the launch of IPv6 internet address protocol in Bermuda.
A spokeswoman for the company said: “This latest internet address protocol enables a much more seamless experience on you...
Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported net income of $47.1 million for the second q...
Compre, the international legacy group headquartered in Bermuda, has announced it has received regulatory approval to acquire the French medical malpractice portfolio from a European-based insurer for...
Bermudian-based Flex LNG Ltd has reported net income of $44.3 million for the second quarter 2022, compared to net income of $55.8 million for the first quarter of the year.
The liquefied natural gas ...
Telecommunications industry veteran John Townsend has been appointed chief financial officer at the Digicel Group.
Immediately prior to joining Digicel, Mr Townsend was CFO — business group at Verizon...
BMS Group, the independent specialist re/insurance broker with an operation in Bermuda, has appointed Germán Torres-Ortíz managing director and head of Caribbean facultative business for BMS Re Latin ...
Thirty years after one of the costliest and most consequential natural disasters in American history, the (re)insurance industry is warning legislators and regulators that urgent action is needed to p...
