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The information and communication technology sector accounted for $190 million, or 2.6 per cent, of Bermuda’s gross domestic product in current prices in 2021, up from 2.5 per cent a year earlier, the Ministry of Economy and Labour has reported. Rele...

More than 60 per cent of Caribbean corporate directors surveyed say environmental, social and governance issues are at least somewhat linked to their business strategy, and they acknowledge its financial impact. But fewer than 20 per cent say their ...

RenaissanceRe Holdings Ltd has promoted two long time employees to senior appointments, effective January 1. David Marra becomes EVP, group chief underwriting officer and chief executive officer of Renaissance Reinsurance US Inc, and Ross Curtis beco...

Bermudian-based SFL Corporation Ltd, one of the world's largest ship-owning companies, has reported a net profit of $49.9 million in the third quarter of the year. Announcing its preliminary financial results, SFL said it received charter hire of app...

A former official in the administration of US president George W. Bush has been appointed to the board of Partner Re Ltd. Reuben Jeffery III, appointed as an independent director, served as Under-Secretary of State for Economic, Energy and Agricultur...

AM Best has affirmed the ratings of two Bermudian-domiciled captive insurance companies for Schlumberger Limited, a global technology company in the energy industry. The agency has affirmed the financial strength rating of A (Excellent) and the long-...

The parent of a Bermuda-based fintech company has stopped permitting customer withdrawals and had its California lending licence suspended in the wake of the spectacular collapse of crypto trading platform FTX Trading Ltd. On Thursday, BlockFi, whic...

Island Restaurant Group has acquired Bolero Brasserie, and will bring it under its umbrella of Bermuda restaurants, the organisation said this weekend. IRG owns Barracuda Grill, Hog Penny, Pickled Onion, Brew, Frog & Onion, IRG Catering and Dockyard ...

Bermudian and island-based technology innovators have been celebrated at the annual Tech Innovation Awards hosted by the Bermuda government’s Economic Development Department. TechAwards judging panels were composed of leaders in the fintech and techn...

Bermudian-based Ariel Re has joined the local chapter of the Insurance Supper Club, an organisation supporting the retention and development of women in the insurance industry. ISC was set up in the United Kingdom in 2008 in response to the low repr...