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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Brit Reinsurance (Bermuda) Limited. The outlook is stable. The ratings reflect Brit Re’s balance sheet strength, which AM...

Bermuda-based global financial services provider Apex Group Ltd will be providing fund administration services to Midtown Capital Partners LLC. Midtown is a real-estate investment and asset-management firm focused on acquiring properties in the offi...

The Everest Re Group Ltd has reported a 2021 third-quarter net loss of $73.5 million, compared with net income of $243.1 million in the same period last year. Net operating income was a net loss of $52.6 million, compared with net operating income of...

Going to the grocery store can be a costly hassle, especially with food prices rising every day. Landscaper Sean Fubler has a solution. “Just eat your yard,” Mr Fubler said. His business, Unity Edible Landscapes, helps people to do just that. Alongs...

The Bank of N.T. Butterfield & Son Limited has declared third-quarter net income of $39.8 million, compared with net income of $39.6 million for the previous quarter and $30.5 million for the third quarter of 2020. Core net income for the third quar...

Sunday’s start of the United Nations Climate Change Conference (COP26) is being overshadowed by a new PwC report that casts doubt on the ability of world governments to reach their primary objective, as a step towards saving the planet. Even after th...

The Bermuda Business Development Agency will take the campaign to make Bermuda a climate-risk finance capital to Glasgow, Scotland, next week. BDA chairman Stephen Weinstein, deputy chairman Susan Pateras and chief executive officer David Hart will s...

Proposed changes to immigration law aimed at providing new routes to a Permanent Residency Certificate for certain long-term residents and families have received Royal Assent and should come into force in the near future. The Government said that the...

Bermuda-based James River Group Holdings Ltd expects to post losses for the third quarter, the company has said in advance of next week’s quarterly earnings statement. The James River Group expects to report a net loss for the third quarter of 2021 ...

The Profit Freedom Conference will be held virtually on Monday night to help business owners to learn how to have more profit in their business and more freedom in their lives. The two-hour free event starts at 6pm with author and profitability expe...