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Vesttoo Ltd, a technology-driven global insurance risk transfer platform with a collateralised insurer in Bermuda, has concluded an $80 million Series C financing round. It was co-led by Mouro Capital and a private equity fund, valuing the company at...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has closed its private offering of $2.03 billion of senior priority notes due in 2028. The company said it expected to initially use the net proceeds of the offering to ...

Banyan Risk Ltd, a Bermudian-based managing general agent that specialises in writing directors and officers’ insurance, has teamed up with SPAC-focused financial advisory firm Zukin Certification Services to offer help to companies going public. Zuk...

Peter B Migliorato, a retired partner of Deloitte Consulting, has been elected to the board of directors of James River Group Holdings Ltd, the Bermudian-based insurance holding company. Mr Migliorato was elected at the company’s annual general meeti...

The Bermuda Stock Exchange ended unchanged today at 2439.64. Meanwhile, Butterfield fell 9 cents (0.26 per cent) to $34.60 at close of day trading on the New York Stock Exchange.

Bermudian-based West Hamilton Holdings Limited, the BSX-listed property holding company, has a new major shareholder. The change comes after a transaction between Somers Limited, a financial services investment holding company based in Bermuda, and U...

An environmental campaign group has named 21 companies as “champions” in the campaign to remove single-use plastics from their operations. Beyond Plastic Bermuda has launched the programme to encourage businesses in every industry on the island ...

The Step Bermuda Conference returns next week with a record number of speakers and as a three-day affair for the first time. The event, presented by the Bermuda branch of the Society of Trust and Estate Practitioners, will feature more than 30 speake...

The Customs Department has introduced a new feature to improve transparency around importing goods to the island using its automated processing system. Going forward, the department said it would e-mail the importer on any Bermuda customs declaration...

The one constant we can rely on today is change. Everything around us is changing. However, most leaders simply do not want to talk about it, because it is deemed to be too “disruptive” to the company and the workforce. Instead, we are asked to play...