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The Bermuda Monetary Authority is to increase its focus on climate change matters with the introduction of a regulatory and supervisory team specialising in the licensing and supervision of innovative business model proposals to address climate chang...

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...

The Digicel Group, of which Digicel Bermuda is a part, has announced a $500,000 donation of “much needed items” to support relief efforts in St Vincent & the Grenadines caused by the Le Soufriere volcanic activity. The volcano erupted on Friday, a da...

A $1.9 million donation to the Bermuda College Foundation is among the highlights of the 2020 Corporate Social Responsibility Report released by Athene Holding Ltd. The donation by the Bermudian-based financial services company, announced in October,...

Future Leaders Bermuda has announced its first-ever corporate partnership, which will see a number of Bermudian students given the opportunity to engage in internships and networking initiatives with top executives at an international asset managemen...

Professional services firm KPMG is a co-title sponsor of the fifth Caribbean Infrastructure Forum, which takes place in a virtual format tomorrow and Thursday. Co-title sponsor is CIBC First Caribbean and co-hosts are IJGlobal, the infrastructure di...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has announced completion of a $725 million offering of fixed rate, asset-backed notes. The company said the $690.1 million Series 2021-1 Class A No...

Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax. ...

Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda. Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...

Bermuda-based Borr Drilling Ltd. last week reported a loss of $46.7 million in its fourth quarter. On a per-share basis, the company said it had a loss of 22 cents. The Associated Press said The oilfield services company posted revenue of $60.2 milli...