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Bermudian-based Nordic American Tankers Limited, the oil tanker company, has sold its second Suezmax tanker in five months. The company, which is adjusting its fleet, has sold the 2002-built Nordic Mistral following the sale of 2000-built Nordic Siri...

Bermuda re/insurance companies contributed $8.5 billion to economy in ten years to 2020

AM Best has released a new methodology, Best’s Performance Assessment for Delegated Underwriting Authority Enterprises. In this methodology, AM Best introduces the Best’s Performance Assessment, which provides a framework for differentiating among de...

Bittrex Global, which has operations in Bermuda and Liechtenstein, has launched Bittrex Global Starting Block, a new initial exchange offering (IEO) platform. Announcing the news in the Liechtenstein capital of Vaduz, the company said the platform ha...

Concert Group Holdings Inc, the new business dedicated to insurance fronting, has appointed Suzanne Fetter to the newly created position of vice-president, claims. Ms Fetter, who will report to Concert’s chief legal officer Matthew Wagner, took up he...

CFA Society Bermuda’s popular financial literacy series returns to the Bermuda College beginning February 23. The organisation said the four-part series was designed for anyone who was looking to learn more about personal finance and basic financial ...

Bermudian-based Mosaic Insurance has partnered with hybrid fronting carrier Transverse Insurance Group to activate $20 million in cybersecurity capacity in the US market. The global specialty insurer said the strategic partnership marked an expansion...

Integral ILS Ltd, the Bermudian-based independent insurance-linked securities fund manager, has surpassed $1.1 billion of investor capital deployed, the company announced today. The firm also said it had raised more than $1.4 billion since its foundi...

Compre, the international specialist legacy group with operations in Bermuda, has appointed Zameer Mitha to the newly created role of chief actuary, North America. He will be based in London and report to group chief actuary Mark Lawson. Mr Mitha, wh...

Industry veterans Patricia Darrell and Lani Isip have joined forces to create Global Consultants, a work permit, immigration and travel documentation services business. Ms Darrell and Ms Isip have more than 20 years of combined experience in the fiel...