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Telecommunications service provider Digicel is giving away a range of prizes to its customers this holiday season. The company said that it is leveraging all the apps, products and services in its digital ecosystem so that customers can be entered in...

Bermuda-based Mosaic Insurance has launched a transactional liability team in the United Kingdom and expanded its M&A unit in the United States to respond to what it says is the global market’s record pace and volume of deal activity. The global spec...

Some Clarien Bank customers were taken by surprise at new charges that came into effect this month – including a fee for using the teller service at the bank. Separately, as of today, the bank is also requiring SafeKey verification and a valid ID for...

Inflation slowed its upward trajectory in the year to August, in figures released by the Government. The Ministry for the Cabinet Office released the August 2021 Consumer Price Index (CPI) from the Department of Statistics. The ministry said that dur...

Polaris Holding Company Ltd, parent company to Stevedoring Services Limited and East End Asphalt Company Limited, has reported a gain of $726,000 for the six months ended September 30. The company said that the result was a welcome turnaround from fi...

CG Insurance has launched a corporate social responsibility programme to provide a framework for the organisation’s philanthropic activities while also providing staff opportunities to volunteer in the community. Through newly created CG Community, t...

AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of island-based Orion Reinsurance (Bermuda) Ltd. The outlook of these credit ratings is stable. The agency said that the ratings r...

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Denver-headquartered Oceanview Life and Annuity Company and its reins...

Bermuda-based offshore drilling company Seadrill Limited has announced that a new, independent, seven-member board of directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. The company said th...

Bermuda-based Apex Group Ltd has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City International Financial Centre. Apex said that GIFT City is a planned inte...