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Bermudian-based oil tanker company Nordic American Tankers Ltd looks set to appoint a woman as a member of its board for the first time. The organisation said American Jenny Chu will be suggested to be elected as a board member of NAT. She is expecte...

Apex Group Ltd, the Bermudian-based global financial services provider, has appointed Krishna Prasad as head of US. Based in Apex’s New York offices, the company said, Mr Prasad will report to Georges Archibald, managing director, Americas. He will b...

Aon has appointed Mike Merlo as its claims leader for the United States and Bermuda. In his new role, Aon said, Mr Merlo will work with the firm’s claims leaders across all product lines to ensure that Aon is employing best practices in advocating fo...

Bermudian-headquartered global specialty re/insurer SiriusPoint Ltd has announced a strategic partnership with Players Health, an amateur sports insurance and risk-management platform. SiriusPoint said it was one of the lead investors in Minneapolis-...

Buckle, a digital financial services company for the gig economy, has completed a $15-million upsizing of its term loan with participation from Siguler Guff & Company LP along with existing lender Hudson Structured Capital Management Ltd, conducting ...

Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed by Israeli-headquartered OurCrowd, a global venture capital investment platform, to provide fund services. Formed in 2013, OurCrowd is the country’s most activ...

LOM Financial Limited’s net profit for the year doubled to $9,510,119 as it enjoyed favourable returns on securities that the company owned. In a letter to shareholders, chairman and CEO Scott Lines said that the full-year 2021 profits were an increa...

Bermudian-headquartered Nephila Holdings Ltd has sold its interest in award-winning international MGA platform Volante Global to fintech company Acrisure. Nephila, a subsidiary of Markel Corporation, was the majority investor in Volante before its ac...

Economic investment opportunities created by the Bermuda Business Development Agency in 2021 included 13 economic investment certificate applications approved for a total investment of $236 million, the organisation reported today. That was among the...

Atlanta-based insurtech start-up Layr has raised $10 million in a Series A funding round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd, doing its re/insurance business as HSCM Bermuda. The new venture uses ...