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CrossTower, the global crypto currency trading platform with an office in Bermuda, has agreed to acquire Bequant, a leading prime brokerage and digital asset exchange, for an undisclosed amount. The organisation also announced the launch of the first...

Conduit Re, the Class of 2020 Bermudian-based pure play treaty reinsurer, has appointed Peter Kiernan as head of property underwriting. Mr Kiernan, who is currently head of US property with Axa XL Reinsurance in Bermuda, will take up the role with Co...

Fidelis Insurance Holdings Limited has received all necessary regulatory approvals for a groundbreaking transaction that creates a new managing general underwriter separate from the existing balance sheet insurance companies. The privately owned Berm...

Cyber-risk modelling company DeNexus has hired Víctor Manuel Aguilar Gutiérrez to increase its reach in Europe, the Middle East and Africa. DeNexus, a California-based company with a new office in Bermuda, is a provider of cyber-risk quantification a...

The RG/BSX Index rose 9.54 points (0.41 per cent) to 2,360.34, driven by the only active issue on the Bermuda Stock Exchange for the day. Argus Group Holdings Ltd, rose 40 cents (7.9 per cent) to $5.45 after 14,700 shares changed hands. Meanwhile, Th...

The collapse of Bahamas-based crypto trading platform FTX Trading Ltd has begun to have a direct impact on the fintech sector in Bermuda. BlockFi International Ltd, the Bermudian incorporated company licensed to conduct digital asset business by the ...

Tax campaigners said a recent Court of Justice of the European Union decision may have weakened EU/OECD anti-money laundering efforts, but the battle over the right to freely access information on beneficial owners of private companies has now moved ...

UK business groups have told the government to halt the introduction of the controversial 15 per cent effective minimum corporate tax rate, the Financial Times has reported. They said Chancellor Jeremy Hunt’s plan to include it in the spring finance ...

More than half of insurance groups and the broader commercial market plan on using artificial intelligence/machine learning within the next five years, the Bermuda Monetary Authority has reported. The information is included in the Bermuda Insurance ...

The foundations are being laid for tangible racial equity changes in the international business sector, a leading insurance executive has said. Patrick Tannock, chairman of the Association of Bermuda International Companies and CEO of Axa XL Insuranc...