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The world’s first captive insurer to provide custody insurance for cryptocurrency assets has been set up in Bermuda. US cryptocurrency exchange Gemini has established the captive, named Nakamoto, to provide itself with insurance that has proved diffi...

With tech products lasting longer than ever before, owners are increasingly relying upon businesses like CPR Cell Phone Repair Bermuda to keep their computers and mobile phones in good order. That is good news for Alex Jones, co-owner and store manag...

Shares of Ascendant Group Ltd fell 4.5 per cent in Bermuda Stock Exchange trading. The owner of power utility Belco fell $1.45 to close on $31 as 293 shares changed hands. Ascendant is awaiting approval from the Regulatory Authority for its $36-a-sha...

Civil unrest in Hong Kong and Chile, together with tornadoes and wildfires in the US, and a typhoon in Japan, contributed to estimated net pre-tax catastrophe losses of $430 million for Chubb Ltd in the fourth quarter. After tax, the estimated catast...

Global reinsurance, wholesale and specialty broker Ed has boost its team with the Bermuda appointment of Colin Kelley, who was previously with Sompo International. He has been announced as the head of Ed’s new liability division in Bermuda, and will ...

From coffee beans and non-plastic cutlery, to LED light bulbs and motion-sensor lighting, Chubb Ltd has found ways to make its Bermuda offices more energy efficient and environmentally friendly. So much so that last month its building on Woodbourne A...

FryDays is kicking off the new year by turning things upside down at its Hamilton location. Their old PlayTimeZone for young children is now gone, replaced with a quirky new dining space, which includes a table for gravity-defying diners who wish to ...

Sweeping changes to Bermuda’s pensions regime are under way that could result in private-sector employers and their employees seeing significant alterations to their existing pension arrangements. Royal Assent was given at the end of last year to the...

Seven posts have been made redundant as a result of a restructuring of a part of BF&M’s life insurance business. The Bermudian insurer said yesterday that two of those affected, both of whom are Bermudians, had been offered full-time positions in the...

Every night you lock your doors, and set the security alarm, but is your business really secure? TLC Group Solutions, a firm that advices on data security, sees many clients who are under prepared for a data breach or cyberattack. “In many of the lo...