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The Bermuda Monetary Authority has cancelled the registration of HBC Management Limited. The BMA said HBC was registered as a non-licensed person on November 20, 2019 under the provisions of Section 10 of the Proceeds of Crime (Anti-Money Laundering ...

Two of Bermuda’s iconic and historic brands have come together to create a new fragrance, Island Rose. The Hamilton Princess & Beach Club has collaborated with master perfumer Isabelle Ramsay-Brackstone, of Lili Bermuda, in their quest to create a fr...

The Bermuda Business Development Agency’s second annual Bermuda Risk Summit is to be staged in March, with two headline sponsors already on board. Themed “Innovation, Sustainability and Collaboration”, the event includes discussions involving investo...

MS Reinsurance, the global reinsurer, has appointed Marlin Ramlal as senior underwriter, property. Based in Bermuda, Ms Ramlal will join MS Reinsurance on Monday and will report to Andrew Shaw, lead underwriter, property. With more than 17 years’ exp...

Seadrill Limited, the offshore drilling contractor based in Bermuda, has announced that its joint venture operation has secured an extension with a total contract value of $327 million for the firm. Sonadrill Holding Ltd, Seadrill's 50-50 joint ventu...

Markel has named Bermudian Jessica Cardoso as the new head of office for Markel Bermuda Limited in addition to her current role as senior director, head of Bermuda Errors and Omissions. As head of office for Markel Bermuda Limited, Ms Cardoso will co...

A new report has delivered further evidence of the efficacy of captive insurance, outlining how their use in Bermuda and two Caribbean countries saved their corporate owners demonstrably on insurance costs, when compared to use of commercial insuranc...

Relm Insurance Ltd, the Bermudian-based specialty insurance carrier serving emerging industries, has inked a strategic partnership with cyber-risk analytics firm CyberCube to bolster its cyber underwriting business with advanced analytics, artificial...

The island’s private wealth industry professionals have been returning from Lake Como, Italy where they were promoting Bermuda as a premier domicile for high-net-worth services to the world’s private client lawyers. The group included Bermuda Busines...

Arch Insurance International has appointed Sam Bradley as senior cyber underwriter, effective immediately. Mr Bradley joins a growing cyber team and will support the continued development of the international account as well as the cyber property dam...