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Bermudian-based Alpha Innovations and Apex Group have announced their collaboration to support the launch of Strada Digital Masterpieces, a tokenised fine art fund. Its corresponding master fund has also been launched on the fund platform of DigitalA...

This may not be electrifying news to island residents, but Bermuda has been found to be the most expensive place in the world to run appliances

Natasha Scotland Courcy has been elected as chairwoman of the Bermuda International Long Term Insurers and Reinsurers at the organisation’s annual general meeting. Ms Scotland Courcy, who is senior vice-president, chief operating officer and general ...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of the operating subsidiaries of Essent Group Ltd, the mortgage re/insurer based in Bermuda. The subsidiaries are island-ba...

Bermudian-domiciled White Mountains Insurance Group has contributed a slice of a $315 million Series D round of funding raised by Pie Insurance, the insurtech company specialising in workers’ comp insurance for small businesses. White Mountains, a fi...

White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has announced the preliminary results of its "modified Dutch auction" tender offer to purchase up to $500 million in value of its common shares. The tend...

The US Federal Reserve, the country’s central bank, boosted its benchmark overnight interest rate by 75 basis points on Wednesday — and said further rate hikes are anticipated. In Bermuda, the Bank of N.T. Butterfield & Son Limited was the first loca...

As Hurricane Fiona heads on a path northward, a Bermudian-based company and an American university have announced the launch of a hurricane-focused research collaboration. Aeolus Capital Management Ltd and the State University of New York at Albany d...

Three primary factors have spurred the growth of the island’s long-term sector over the past ten years, a panellist told attendees at the 2022 Bermuda International Life & Annuity Conference on Monday at Rosewood Bermuda. Darryl Herrick, president of...

Arbitrade co-founder Troy Hogg has filed a complaint in the Supreme Court of the State of New York against 13 defendants seeking damages in the tens of millions of dollars. Joining Ontario resident Mr Hogg as plaintiffs in the wide-ranging action are...