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An insurance executive has effectively been barred from the local insurance industry for an indefinite period. The Bermuda Monetary Authority has banned Nicholas Mark Cooke from senior market roles and from conducting any regulated activity under the...

Triangle Life Ltd, the provider of life insurance products to high-net-worth (HNW) individuals globally through its wholly owned subsidiary, Triangle Life Insurance Co Ltd., has announced the appointment of Jon Hack as an adviser to the board for the...

TigerRisk Partners LLC, the risk, capital and strategic adviser to the global re/insurance industries with an office in Bermuda, has named Joel Hodges as partner and head of analytics, international. Mr Hodges will be responsible for overseeing all d...

The Cabinet Office released the October 2021 Retail Sales Index (RSI) Friday night. But the depressing numbers reflected the precipitous drop off in the retail industry. October’s retail sales fell 6.6 per cent compared to last year. In value terms...

Bermudian-based global specialty insurer Mosaic Insurance is marking a full year in business. The company said it celebrates a year of rapid growth and milestones, including strategic technology and capital partnerships, the launch of six global spec...

Industry veteran April Thomas has joined Walkers Professional Services Bermuda as a director and will lead the fiduciary and regulatory compliance teams. WPS said Ms Thomas has extensive experience navigating the Bermuda regulatory environment with m...

An American cryptoasset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority has been granted Lloyd’s of London coverholder status. Chicago-headquartered Evertas said this coveted designation would permit it to significa...

Apex Group Ltd, the Bermudian-based global financial services provider, has appointed Keith Mahon as managing director, Bermuda. The company said Mr Mahon would be responsible for leading the business and to continue the development and growth of Ape...

A global provider of connectivity and internet services has announced its intention to move its group parent company to the United Kingdom, replacing a company incorporated in Bermuda. Veon Ltd, which is listed on the Nasdaq and Euronext Amsterdam ex...

The parent company of a Bermudian-based investment business has acquired a bank in the Cayman Islands. Jamaica-headquartered Proven Investments Limited, through its newly formed subsidiary Proven Bank Holdings Limited, has completed its acquisition o...