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A Bermudian-based insurtech company will soon release the first digital marketplace for trading longevity risk in index-based format. Longitude Exchange said the platform will connect hedgers and investors on a web-based ecosystem that is purpose-bui...

Entrepreneur Akilah Swan, a graduate of the Ignite Bermuda programme, has joined the non-profit organisation’s board of directors. Ignite, the entrepreneurial accelerator launched in 2019, said its board recognises the value of having a Bermudian ent...

Against the backdrop of the threat of war in Ukraine, Bermuda’s financial services regulator adds three Russian nationals and five banks to a sanctions list on its website

A struggling bakery business has been given one last chance to make full restitution of money it owes to former employees. Cake Shop Limited, which operates an outlet on Curving Avenue in Pembroke, is before the Supreme Court of Bermuda on a winding-...

A Bermudian-based reinsurer has played a pivotal role in helping a revolutionary new crypto wallet insurance product get to market. Relm Insurance Ltd has provided the necessary reinsurance backing for Crypto Shield, the first insurance product for c...

Two cruise ships operated by a subsidiary of Bermudian-based Genting Hong Kong Limited have been placed under arrest in the Bahamas for alleged non-payment of bills. The Crystal Symphony and Crystal Serenity were arrested on Friday evening in waters ...

Industry heavyweights Stephen Catlin, Albert Benchimol and Marc Grandisson will be among the speakers at the inaugural Bermuda Risk Summit next month. A global CEO panel at the event will feature Mr Catlin, chairman and CEO of Convex; Mr Benchimol, p...

Joint provisional liquidators have been appointed by the Supreme Court of Bermuda to assist in restructuring the indebtedness of Dream Cruises Holding Limited. Puisne Judge Larry Mussenden on Friday appointed Bermudian-based Alex Whittaker, of R&H Se...

Swiss-domiciled Chubb Limited, which has operations in 54 countries and territories including deep roots in Bermuda, has reported record net income of $8.54 billion and record core operating income of $5.57 billion for fiscal year 2021. The company a...

Graphic designer Megan Outerbridge always imagined running her own business one day. She just did not expect it to happen quite so soon. Ms Outerbridge, 26, owns Megan Outerbridge Design, which provides a range of creative services including print, w...