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Judgement has been reserved in a Supreme Court battle between two of Bermuda’s industry heavyweights. Puisne Judge Larry Mussenden heard evidence and argument on Wednesday in the matter of Fireminds Operations Limited and Bermuda Investment Advisory ...

Two independent proxy firms have thrown their support behind the seven director nominees put forward by Bermudian-based Argo Group for election at the company’s annual general meeting next week. Additionally, Argo said Voce Capital Management LLC, th...

The Bermuda Monetary Authority and two of its employees are being sued for damages of $25 million by a Delaware-domiciled company over allegations relating to its application to acquire a controlling interest in Bermuda’s Citadel Reinsurance Company ...

Bermuda’s entrepreneurial community has been celebrated at the annual BEDC Business Awards. Presented by the Bermuda Economic Development Corporation, more than 100 people attended the ceremony hosted by Nishanthi and Nadanja Bailey at the Queen’s Ex...

The collapse of Bahamas-based crypto trading platform FTX Trading Ltd has begun to have a direct impact on the fintech sector in Bermuda. BlockFi International Ltd, the Bermudian incorporated company licensed to conduct digital asset business by the ...

More than half of insurance groups and the broader commercial market plan on using artificial intelligence/machine learning within the next five years, the Bermuda Monetary Authority has reported. The information is included in the Bermuda Insurance ...

The foundations are being laid for tangible racial equity changes in the international business sector, a leading insurance executive has said. Patrick Tannock, chairman of the Association of Bermuda International Companies and CEO of Axa XL Insuranc...

Shoppers hit the streets of Hamilton on Black Friday with an appetite to spend, a leading retailer said last week. Nicole Warren, general manager at Brown and Co and 59 Front, said: “We had an encouraging day. “Customers definitely came out for a vis...

Rough seas apparently make for smooth rum. Gosling Brothers Limited has introduced the wine and spirit merchant’s first ocean-aged rum – Spirited Seas. The experimental rum was aged across the Atlantic Ocean and celebrates ocean adventures and the co...

Captive insurers are beginning to play a vital role in closing the climate risk-related protection gap, a new report by the Bermuda Monetary Authority suggests. The BMA Captive Report 2021 is based on an aggregation of the electronic reporting data s...