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Triton International Limited, the world’s largest lessor of intermodal freight containers, has raised $503 million through an offering of fixed rate asset-backed notes. The Bermudian-based company said it had completed an offering of $479.1 million n...

Kuvare Life Re Ltd has been given an A- (excellent) financial strength rating by AM Best. The life and annuity reinsurer holds a Class E insurance licence from the Bermuda Monetary Authority. It is a subsidiary of Kuvare UK Holdings Limited, and focu...

Veteran insurance executive Mitch Blaser has launched a new Bermudian-headquartered company with the aim of building one of world’s top global specialty insurers. Mosaic, which will target complex risks and use cutting-edge technology to maximise eff...

A monthly charge of $11.25 will be added to bills for One Communications’ television customers after a change in rates to air Bermuda channels, the company has said. The “local programming fee” will apply to people with FibreWire TV packages. A compa...

TC-1, a team from Chatmore British International School, has forged ahead in the KPMG Senior School Investment Challenge. As of January 29, TC-1 had grown its initial $100,000 imaginary portfolio by more than a quarter, to a total of $125,118. In doi...

Aaron Crichlow has joined Cox Hallett Wilkinson’s pupillage programme. He begins his training in the Litigation and Dispute Resolution Department before completing the programme in the Corporate Department. Mr Crichlow said: “I am excited to join Cox...

Eating healthier is now easier thanks to an enterprise that delivers boxes of fresh produce along with meal preparation instructions. Customers are able to make three meals each week by following the recipe card instructions and using the produce, wh...

Shares of Butterfield Bank dipped 4.5 per cent in Bermuda Stock Exchange trading. The bank closed at $31.50, down by $1.50, as 250 shares changed hands. Butterfield’s US-listed shares edged higher by two cents to close on $31.20. One Communications L...

Bermudian entrepreneur Sharika Tucci has earned the Professional Community Association Manager credential from the Community Associations Institute. Mrs Tucci is the managing director of Masterkey Management Ltd. She established Masterkey in 2012 and...

Argo Group International Holdings Ltd expects to book about $38 million in natural catastrophe losses in its fourth-quarter earnings. The Bermudian-based insurer expects to take an additional $13 million hit from net losses in relation to the Covid-1...