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AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Bermudian-based Lion Reinsurance Company Limited. The outlook of these credit ratings is stable. Lion Re is a subsidiary of A...

Fourteen digital asset companies licensed and regulated by the Bermuda Monetary Authority have created a first-of-its-kind industry association. The launch of Next was announced by David Burt, the Premier, during a keynote address at Consensus 2022, ...

Bacardi Limited, the Bermudian-based global spirits company, is continuing its fight to eliminate single-use plastic. The family-owned drinks giant said it has partnered with the Beyond Plastic Bermuda campaign, a collaboration between Bermuda Enviro...

David Burt, the Premier and Minister of Finance, has congratulated Jewel Bank, Bermuda’s first new bank in 21 years, after the issuance of its new full banking licence and Class F digital asset business licence from the Bermuda Monetary Authority on ...

Global insurance brand Howden Group Holdings has acquired TigerRisk Partners, a risk, capital and strategic adviser with offices in Bermuda. A spokesman for the company said the transaction significantly enhances the scale and depth of Howden’s reins...

Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported a loss of $92.1 million for the quarter to April 30. This compares to nearly $130 million in profit in the same period a year before. The company...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has appointed Bobby Heerasing as UK country branch manager. The company said he will be responsible for establishing and executing profitable growth strategies and operating p...

Four college students started summer internships this week with CG Insurance to learn professional skills, gain industry knowledge and explore future career possibilities. Vanessa Varao, Kelly Trott, Brian Desmond and Amber Simons secured internships...

The Association of Bermuda Insurers and Reinsurers has announced new leadership for two of its important committees, drawing from the senior executive talent of member companies. Jevon Williams, of Chubb Bermuda, has been appointed co-chair of the Ab...

Bermuda based payment platform provider Powertranz and Atlanta payment security firm Bluefin are partnering to support the Jamaican J.E.T.S. Multilink debit card. The companies introduced the first self-integrated contactless kiosk for the Caribbean...