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ILS Capital Management, the investment adviser specialising in insurance and reinsurance and headquartered in Bermuda, has changed its name to Resolute Global Partners. The firm said its decision to rebrand follows the growth of its strategic partner...

Bermudian international company Mosaic Insurance has opened an office in Chicago, Illinois, its second US physical location, as the staff buildout continues. Mitch Blaser, co-founder and co-CEO of Mosaic, said: “The new Chicago office underscores our...

CrossTower, the crypto and digital asset exchange with an office in Bermuda, has partnered with Worlds Inc, the Massachusetts-based pioneer that developed the first 3D metaverses and technologies crucial to interactive online multiplayer gaming techn...

Residents of Bermuda may soon be able to pay government fees online with crypto currency. A government request for quotations, posted on www.gov.bm, said it seeks to modify the open-source code of the payment gateway Gov.Uk Pay for local use on the g...

Oceanview Reinsurance Ltd., a Bermuda Class E insurance company, has appointed Stelian Dragan president and chief business development officer. Based in Hamilton, Bermuda, he will be responsible for directing the business development activities of Oc...

Bermudian-based Fidelis Insurance has promoted Mark Herget to the position of deputy group head of direct and facultative property. Mr Herget joined Fidelis in April 2020 as an underwriter in its London office, transferring to Bermuda seven months la...

Fintech industry veteran Bruce Lowthers has been appointed chief executive officer and executive director of Paysafe Limited, the Bermudian-incorporated specialised payments platform. Mr Lowthers, who will join the company by May 1, will work out of ...

The Bermuda Business Development Agency said last night that together with its partners, they are ready to provide a strong presence for Bermuda at Riskworld, Rims’ first major in-person event since 2019. Riskworld is the renamed annual conference of...

The UK government has been told that the “inflexible culture” of British regulators has hindered efforts to develop markets for insurance-linked securities, captive insurance and other new forms of insurance business. Artemis has outlined how the...

Bermudian-headquartered Ardmore Shipping Corporation has agreed terms for the sale of three 2008-built MR product tankers to German-based Leonhardt & Blumberg for an aggregate price of $40 million. Following completion of the sales and the prepayment...