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International specialty insurer and reinsurer Axis Capital has made a $15,000 donation to the educational non-profit Peak Potential Bermuda, for Scholars Bermuda, a learning centre that offers tutoring support for children of all ages. Peak Potential...

Bermuda-based special-purpose insurer Herbie Re Ltd has listed $80 million worth of notes on the Bermuda Stock Exchange. The Series 2022-1 notes are due on January 8, 2027, the BSX said in a statement. The listing sponsor is Clarien BSX Services Ltd...

Bermuda-based captive insurance company Transmonde Services Insurance Company Ltd has had its financial strength rating of A affirmed by the ratings agency AM Best. AM Best has also affirmed Transmonde’s long-term issuer credit rating of “a” and said...

Despite the disruption and uncertainty caused by the Covid-19 pandemic, Appleby continues to advise on cross-border solutions to meet the ever-changing needs of our corporate and ultra-high net worth clients who use global financial centres like Berm...

As the new assistant commissioner for investigations, Christopher Moulder will be instrumental in protecting the public from harm, the Privacy Commissioner said today. Mr Moulder will have varied responsibilities including case management, policy dev...

The Bank of Butterfield closed down 13 cents to $33.65 on the New York Stock Exchange. Trading was relatively light at 68,020 shares. No shares traded on the Bermuda Stock Exchange and the Royal Gazette/BSX Index was unchanged at 2,383.44.

Captive insurers are beginning to play a vital role in closing the climate risk-related protection gap, a new report by the Bermuda Monetary Authority suggests. The BMA Captive Report 2021 is based on an aggregation of the electronic reporting data s...

The top European court has struck down a European Union mandate for public registers of beneficial ownership of all companies. In a decision which could stall global efforts to force countries to have open beneficial registers, the European Court of ...

The Bermuda Monetary Authority has cancelled the registration of HBC Management Limited. The BMA said HBC was registered as a non-licensed person on November 20, 2019 under the provisions of Section 10 of the Proceeds of Crime (Anti-Money Laundering ...

Bermuda Investor Community has attracted more than 30 new investors to the island’s first fully digital angel investment platform, which brings local investment opportunities to qualified individual investors. The Bermuda Investor Community is suppor...