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Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Canopius Reinsurance Limited and Canopius US Insurance Inc of Delaware. Both entities a...

Three important achievements in 2021 helped to mark the 30th year of the Bermuda branch of the Institute of Directors, the organisation said today. The island’s leading resource for professionalism and excellence in boardrooms across all sectors of t...

The Bermuda International Long-Term Insurers and Reinsurers organisation has gifted 750 copies of a book to all P4 students in 27 schools across the island. The gift is part of the tenth-anniversary celebration for Biltir, which represents 63 long-te...

As Mosaic Insurance nears the end of its first full year of business, the company is launching an online brand-awareness campaign featuring co-CEOs Mitch Blaser and Mark Wheeler. The campaign highlights a growing team of talent and six specialty busi...

Lucia Perchard has been appointed to the newly-created role of head of family office market at Apex Group Ltd, the Bermudian-based global financial services provider. Ms Perchard, who will be based in Jersey, will report to Matt Claxton, global head ...

Global Cloud Xchange, the Bermudian-based submarine cable network owner/operator, has reported cash ebitda of $51 million for the six-month period ending September 30. The network service provider, which powers global connectivity for new media provi...

Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has through its subsidiary Monument Assurance Belgium completed the closing of the acquisition of the entire insurance portfolio and personnel of Integrale SA, the Belgian l...

The Government will update the Financial Policy Council (FPC) today on work being done to understand and assess the potential impact of the global tax agreement on Bermuda. A government statement last night said: “The Ministry of Finance will have th...

Clarien Bank is to officially open a new flagship location at Point House in Hamilton on Monday. The bank said that about half of its workforce will move to the Front Street locale, with the rest located on Reid Street in the city. Clarien said it wi...

Digicel Bermuda has appointed Alyssa Dawn-Smith to the position of corporate care manager. The company said that Ms Dawn-Smith will lead an expanding team of agents to ensure that clients receive prompt, knowledgeable and efficient first-in-class ser...