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AM Best has affirmed the long-term issuer credit ratings of “bbb-” (Good) of Bermudian-based R&Q Insurance Holdings Ltd. Concurrently, AM Best has removed from under review with negative implications and affirmed the financial strength ratings of A- ...

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be recognised in 2022, according to a filing with the B...

Lawyers from Appleby’s Bermuda, Cayman Islands and Jersey private client and trusts practices have received high rankings in the recently released 2022 High Net Worth Guide by Chambers Global. Sources highlighted the firm’s abilities to deal with com...

For the seventh year in a row, Conyers has received the ranking of Band 1 for its offshore trusts practice in Bermuda in Chambers High Net Worth 2022. Conyers is described in the current guide as “respected by sources for its ability to advise on hi...

Carey Olsen Bermuda Limited has again been ranked as a Band 1 firm for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide, according to a statement from the company. The firm also said that ...

A global leader in corporate and fiduciary services, fund administration and capital markets that is based in Bermuda has been recognised for its significant impact in the private client sector. Ocorian was named 2022 Private Client Trust Company of ...

Bermuda-based Apex Group Ltd has acquired the technology platform and conference business of Context365 LLC, a provider of technology and events that connects alternative asset class investors with high-quality asset managers. Apex said Context365 co...

VSS Capital Partners, the New York-headquartered private investment firm investing in healthcare, business services and education, has added W. Preston Hutchings as senior adviser. Leveraging his three decades of senior insurance, investment managem...

Since the Government’s Economic Investment Certificate initiative began more than 16 months ago, 19 applications have been approved, representing investments of more than $325 million into the local economy. The update on the EIC initiative came from...

CrossTower, the crypto currency exchange and non-fungible token marketplace with an office in Bermuda, is partnering with Ripple, a leader in enterprise blockchain and crypto solutions, to add non-fungible tokens minted on the XRP Ledger to the Cross...