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Concert Group Holdings Inc, the newly formed business dedicated to insurance fronting that is led by Bermudian insurance executive Jonathan Reiss, has formed Concert Specialty Insurance Company, an excess and surplus lines carrier domiciled in Montan...

Essent Group Ltd, the Bermudian-based mortgage re/insurer, has amended its credit facility to increase the total facility from $625 million to $825 million. Essent said the amended credit facility has terms that provide for an increase in the revolvi...

Bermudian-based Avance Gas Holding Ltd has entered into a two-year time-charter agreement for the first dual-fuel very large gas carrier, Avance Polaris, to the energy giant TotalEnergies. Avance, which is engaged in the transportation of liquefied p...

VYRD, a new insurance company serving homeowners in Florida, has today launched as a joint venture between Bermudian-based SiriusPoint Ltd, the global specialty re/insurer, and bolt, the insurtech company. The company said it will use cutting-edge te...

Bacardi Limited, the Bermudian-based drinks giant, has been recognised on Forbes magazine’s list of the World's Best Employers for 2021. The company, which has global headquarters on Pitts Bay Road, said the list is based on independent surveys condu...

Jean Claude Garzia has been in the restaurant industry in Bermuda for 41 years, but says the last two years have been the hardest. The sign outside his Victoria Street eatery, JC’s Cafe & Bistro, reads: “At last we are open … again”. It has been the...

Bermudian-based Bacardi Limited distributed more than 250 grocery totes filled with food items and grocery vouchers to Bermuda bartenders who continue to be economically impacted by the Covid-19 crisis. The largest privately held spirits company cont...

Sun Life International is donating $70,000 to Bermudian charities through the Sun Life International's Charitable Giving Committee, which consists exclusively of Bermuda-based employees. This year funds were awarded to 25 Bermuda registered charities...

More information on when international businesses could expect increased fees from the financial services watchdog should be released, the Opposition said today. Cole Simons, the leader of the One Bermuda Alliance, made the call as the House of Assem...

Andrew Kanelos has been appointed executive chairman and chief governance officer of Bermudian-based insurer Oceanview Reinsurance Ltd. Mr Kanelos, formerly with Transamerica Life Insurance, will direct the management activities of the company and s...