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VYRD, a new insurance company serving homeowners in Florida, has today launched as a joint venture between Bermudian-based SiriusPoint Ltd, the global specialty re/insurer, and bolt, the insurtech company. The company said it will use cutting-edge te...

Bacardi Limited, the Bermudian-based drinks giant, has been recognised on Forbes magazine’s list of the World's Best Employers for 2021. The company, which has global headquarters on Pitts Bay Road, said the list is based on independent surveys condu...

Bermudian-based Bacardi Limited distributed more than 250 grocery totes filled with food items and grocery vouchers to Bermuda bartenders who continue to be economically impacted by the Covid-19 crisis. The largest privately held spirits company cont...

Sun Life International is donating $70,000 to Bermudian charities through the Sun Life International's Charitable Giving Committee, which consists exclusively of Bermuda-based employees. This year funds were awarded to 25 Bermuda registered charities...

Andrew Kanelos has been appointed executive chairman and chief governance officer of Bermudian-based insurer Oceanview Reinsurance Ltd. Mr Kanelos, formerly with Transamerica Life Insurance, will direct the management activities of the company and s...

Leading catastrophe risk solutions company RMS and specialty (re) insurer Canopius have been developing and enhancing Canopius’ climate change risk analysis with the adoption of RMS Climate Change Models. RMS has worked closely with Canopius to fully...

A private equity firm has started using a real-time environment, social and governance data analytics solution developed by Bermudian-registered financial services provider Apex Group Ltd. Adams Street Partners, which has more than $49 billion under...

The impact of Covid-19 on the Bermuda insurance market has been an “earnings” event affecting the insurers' income statements and not a capital event affecting their solvency positions, a Bermuda Monetary Authority report has said. But the BMA also s...

Rene Lamer is back in Bermuda, this time with specialty re/insurer IQUW’s new reinsurance operation. IQUW is developing the underwriting and operational capabilities of its Bermuda platform, bringing in Mr Lamer as managing director, underwriting and...

Ratings agency AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of the subsidiaries of Swiss-domiciled Chubb Limited, including the members of Bermudian-based Chubb Bermu...