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On the eve of its centennial, Cambridge Beaches Hotel has opened the Sunken Harbor Club, the Bermuda version of the renowned New York City cocktail bar with the same name. The dockside tavern and tropical cocktail bar overlooking Mangrove Bay will fe...

Ocorian, the corporate and fiduciary services, fund administration and capital markets provider, has reported a significant increase in the number of captives it supports, with its Bermuda offices delivering particularly strong growth. Sherman Taylor...

Cruise ship passengers to Bermuda are about to enjoy high-quality internet services on Royal Caribbean Cruise Line vessels, through Starlink. Royal Caribbean has announced it will implement SpaceX’s Starlink fleetwide — making the group the first in ...

A member of the Asia Securities Industry & Financial Markets Association has dubbed a Bermuda company the world’s largest independent service provider to financial services. The observation comes as Akshay Thakurdesai was appointed by the Bermuda com...

Four Bermuda law students are grateful to Marshall Diel & Myers Limited for bursaries to assist with their studies. MDM announced that this year they would allocate multiple bursary awards totalling $15,000 to assist those future lawyers who demonstr...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of the single-parent captive of Inpex, the largest oil and gas exploration and production company in Japan. The outlook of...

Caribbean property/casualty insurers posted an 8 per cent increase in net income in 2021 to more than $70 million, highlighting carriers’ risk-management practices, but the region remains highly vulnerable to a number of risks, led by climate risk, a...

AM Best has revised the implications of the under review status to developing from negative for the financial strength rating of C- (Weak) and the long-term issuer credit rating of “cc” (Very Weak) of American Millennium Insurance Company of New Jers...

The credit ratings of two Bermudian-based companies have been placed under review with negative implications by AM Best. The ratings agency said it has placed under review with negative implications the financial strength ratings of A- (Excellent) an...

Hamilton Princess & Beach Club has appointed Roydell Neverson as director of operations. One month into her new post, Ms Neverson is responsible for hotel operations and serves as the second in command to the hotel’s general manager, Tim Morrison. Mr...