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Bermudian-based Sompo International Holdings Ltd, the global re/insurer, has announced a strategic reorganisation of its insurance business. The company said the following changes will be made effective from April 4 to better support Sompo Internatio...

The Institute of Directors Bermuda is to present two courses this month. The Role of the Chair will be held virtually on March 24, and the next scheduled course in the Certificate in Company Direction (CICD) qualification, The Role of the Director an...

The inception of the Keon Foundation Ltd (Foundation) has been announced. It will serve as the virtual asset service provider for the Keon Finance Ecosystem (Keon) and will provide initial development, governance, and compliance for Keon. The Bermudi...

Bermudian-based fintech company 24 Exchange has raised $7.025 million in a funding round led by Morgan Creek Digital, Aspire Financial, Blackwells Capital LLC and several individual investors. 24 Exchange said the funding round will help further expa...

ASW Law Limited has promoted Hanno Tolhurst and Kim Willey to the position of partner in the firm’s corporate department. The firm has also welcomed recent new hires Nikhil Lawton-Misra and Matthew Mason to the firm. Mr Lawton-Misra is a senior coun...

Phil Matthews has been appointed to the professional services department of Bermuda Realty Company Limited, after joining the firm in January. Working alongside Rob Newton, the two now comprise the company’s senior valuers. Mr Matthews is a member of...

Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed by Chinese venture capital firm Starlight Capital to provide fund administration and corporate services. Starlight was founded in 2021 by Tao Tang, who is the ...

Mt Logan Re Ltd, Everest Re Group Ltd’s third party capital unit, has appointed market veteran Andrew J Sterge as a non-executive independent board director. The company also announced the retirement of Dave Brining, who has served as a non-executive...

The Supreme Court of Bermuda has granted an order winding up Seadrill Limited, the Bermudian-based offshore drilling company. The winding-up order was made by Puisne Judge Larry Mussenden after hearing from lawyer Rhys Williams of Conyers, representi...

Appleby, the international law firm, believes that the use of technologies in addressing climate change is critical and the discussions this week at the 3rd annual International Tech Summit ‘22 are important to that cause. Appleby is a sponsor of thi...