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The Bermuda Monetary Authority has extended the deadline for insurers to respond to a data call by the organisation. The original deadline of May 31 has been extended to June 30. The BMA has also revised the scope of its call for information from ins...

Bermudian-based re/insurer Vantage Group Holdings Ltd has appointed Gabriel Poppie as vice-president, central region executive, marketing and distribution. Mr Poppie, who is based in Chicago, joins Vantage from Sompo International where he served as ...

Counterpart, the Los Angeles-based management liability insurtech, has announced the launch of their partnership with Bermudian-headquartered Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of...

Industry veteran Andrew Smith has been tabbed to lead climate change related initiatives at Bermudian-based global reinsurer Conduit Re. Mr Smith, chief risk officer since December 2020, takes on the new role of chief risk and sustainability officer ...

February’s retail sales volume fell 4.4 per cent compared to last year, according to Retail Sales Index figures released by the Ministry of Economy and Labour. In value terms, retail sales revenue remained the same as the previous year (February 2021...

Consumers paid 2.5 per cent more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Ministry of Economy and Labour reported today. This level of inflation was the same as the January an...

A winding-up order has been made in the Supreme Court of Bermuda in relation to World on Wireless Limited, the television subscription provider. TeleBermuda International Limited has acquired the business and certain assets of WoW. Joint provisional ...

The Bermuda Business Development Agency’s New York City executive forum, which concluded Wednesday, enabled the Bermuda team to engage in numerous business development meetings with potential New York City prospects, David Hart, the BDA CEO said toda...

AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Nectaris Re Ltd, the operating subsidiary of Nectaris Holdings Ltd, both of which are domiciled in Bermuda. The outlook of th...

The Covid-19 pandemic is still causing operational challenges in the shipping industry, Bermudian-based crude oil tanker company, DHT Holdings Inc, has reported. DHT said the pandemic is hampering its seafarers and the ability to change crews at regu...