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The government has confirmed a continuing working brief, keeping track of developments on international tax considerations that could force the island’s largest multinationals to pay a global minimum tax. But a spokesman would not confirm there has b...

A group of international business organisations has released a survey to gauge the validity of their annual ‘international business is everybody’s business’ campaign. The awareness campaign has run since 2013 and now includes the Bermuda Business De...

Entrepreneurship 101, the course hosted by the Bermuda Economic Development Corporation, returns to in-person delivery and organisers have slashed the cost to just $180 to ensure cash-strapped entrepreneurs can be accommodated. The cost was $300 the ...

Apex Group Ltd, the Bermudian-based global financial services provider, has continued its growth in New Zealand with the acquisition of Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions and InvestNow. IIS...

Asta, the third-party managing agent at Lloyd’s, and Bermudian-based Catalina Group, a global provider of retrospective reinsurance and capital solutions, have announced that Lloyd’s have granted “in principle” approval of a new syndicate to underwri...

The RG/BSX Index remained unchanged at 2,392.77 in the absence of any activity on the domestic board of the Bermuda Stock Exchange, for the second consecutive day. The Bank of N.T. Butterfield & Son Limited was down $1.17 (3.44 per cent) to $32.82 at...

Klaus Sapelza has been appointed chief underwriting officer and Mario Spescha has been named chief operations officer at Bermudian-based Lumen Re. Both were formerly part of the ILS team at LGT Capital Partners in Switzerland. Lumen Re serves as a co...

Envelop Risk, the global specialty cyber underwriting firm, has launched Bermudian-based Envelop Capital Markets, a practice led by veteran underwriter and ILS specialist David Ross. The company said the practice, announced Tuesday at Rendez-Vous de ...

Butterfield Bank will shut down the bank accounts of the Bermuda Financial Network on Thursday, in effect putting the 26-year-old company out of business. It will mean the end of Easy Pay, Bermuda’s first online money transfer service (2000/2001) whi...

The new Salt Yoga studio is about to kick off its first round of beginners vinyasa yoga classes. “Back to school and the new year are always popular times of the year for beginner yoga series to run,” founder Emily Terceira said. “Salt Yoga’s beginn...