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CrossTower, the global crypto currency trading platform with an office in Bermuda, has agreed to acquire Bequant, a leading prime brokerage and digital asset exchange, for an undisclosed amount. The organisation also announced the launch of the first...

Conduit Re, the Class of 2020 Bermudian-based pure play treaty reinsurer, has appointed Peter Kiernan as head of property underwriting. Mr Kiernan, who is currently head of US property with Axa XL Reinsurance in Bermuda, will take up the role with Co...

Fidelis Insurance Holdings Limited has received all necessary regulatory approvals for a groundbreaking transaction that creates a new managing general underwriter separate from the existing balance sheet insurance companies. The privately owned Berm...

Cyber-risk modelling company DeNexus has hired Víctor Manuel Aguilar Gutiérrez to increase its reach in Europe, the Middle East and Africa. DeNexus, a California-based company with a new office in Bermuda, is a provider of cyber-risk quantification a...

UK business groups have told the government to halt the introduction of the controversial 15 per cent effective minimum corporate tax rate, the Financial Times has reported. They said Chancellor Jeremy Hunt’s plan to include it in the spring finance ...

A public relations firm is offering media services to small businesses at a reduced Black Friday rate. Mikaela Ian PR, a finalist for the 2022 Bermuda Economic Development Corporation Start up of the Year, has launched a PR consulting package to help...

Digicel’s Christmas cheer for eligible Prime Ultra Bundle customers is 10GB of data every month through 2023. Digicel said apart from more data, it meant more speed and reliability, more minutes, rewards and prizes with Pick & Win in the MyDigicel a...

Axa XL has appointed Vanessa Leemans as head of cyber, UK & Lloyd’s, effective immediately. Ms Leemans will be responsible for leading Axa XL’s cyber business in the UK and driving its strategic, profitable development. Andrew Underwood, chief underw...

Bermudian-based Sompo International Holdings Ltd has appointed Glen Bronstein as executive vice-president and head of insurance claims for the North America Region – Bermuda, Canada, Mexico and the United States. The specialty provider of property an...

Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has reported a net profit of $11.6 million for the third quarter of the year. That compares to $18.4 million for the second quarter of 2022....