Log In

A Standard & Poor’s Global Ratings’ proposal to disallow senior debt as a form of available capital, continues to run into headwinds, with the Association of Bermuda Insurers and Reinsurers strongly opposing the draft plan they labelled “disruptive” ...

The BHS squad “Business of Babylon” has seized the lead heading down the stretch of the 21-team KPMG 17th Annual Senior School Investment Challenge, which ends on May 31. None of the teams have fully recovered all their losses for the season, althoug...

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “A-” (Excellent) of two wholly-owned subsidiaries of Bermudian-based Hamilton Insurance G...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Bermudian-based Cedar Hamilton Limited and its parent company, Nuclear Electric Insurance Limited of Delaware. Cedar Ham...

Bermudian-based Catalina Holdings Ltd and joint venture partner Oxenwood Real Estate LLP have secured a £52.8 million ($68.8 million) funding package from NatWest that will be used to refinance a portfolio of five assets across Britain, including fou...

Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed to provide fund services to Blockchain.com Asset Management, a new crypto asset management platform powered by Blockchain.com with investments managed by Altis...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the members of Athene Group, which is the consolidation of the organisation’s US operating companies, along with its af...

Legacy specialist Darag Group has concluded a new agreement with an offshore captive insurance company. The company said the structure of the approximately $10 million transaction is a novation, allowing the counterparty full legal finality. The tran...

Bermuda Monetary Authority veteran Shanna Lespere has been appointed to the new permanent post of deputy chief executive officer with the organisation, effective immediately. Mrs Lespere, who joined the BMA in 2004, will be tasked with providing exec...

The Bermuda Business Development Agency has launched a new climate risk finance hub and an environmental, social, and governance webpage detailing the island’s commitment to blending business-friendly practices with policies for a sustainable future....