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Appleby partner Jerome Wilson will discuss the future of finance at the upcoming Bermuda Tech Week, focusing on banking institutions leaning into the digital-asset market. Mr Wilson, head of Appleby’s technology and innovation practice, will moderate...

A two-day boot camp has just concluded for 32 businesses and charities that recently started Ignite Bermuda’s six-month programme, a formalised entrepreneurship curriculum. The second day concluded with a competition for participants to “pitch” their...

Canopius Group, the global specialty re/insurer, has appointed Coleman V. Johnson as chief underwriting officer, United States and Bermuda. Mr Johnson joins Canopius USA’s growing leadership team as the company continues its expansion in the US. He w...

Butterfield Bank fell 40 cents (1.12 per cent) to $35.20 at the close, on the New York Stock Exchange on Wednesday. The RG/BSX Index closed unchanged at 2,492.47 in the absence of trading.

When Derek Myers opened his new salad restaurant, WildGreens Bermuda, this month, business was quiet. “For the first two days, customers that came in were mainly people who knew us and knew that we had opened a restaurant,” Mr Myers said. Then word ...

Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, has appointed Oliver Brew in a new role as cyber practice leader in London. Keith Harrison, international CEO of Lockton Re, said: “We are...

The joint provisional liquidators of a Bermudian-based tourism group have provided an update on the organisation’s business operations. Bermudian-based Alex Whittaker, of R&H Services Limited in Hamilton, as well as Edward Middleton and Tiffany Wong,...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has begun a private offering of $1.25 billion of senior priority notes due in 2028. The notes will be fully and unconditionally guaranteed on an unsecured basis, jointly...

The RG/BSX Index closed down 9.13 points (0.36 per cent) to 2,492.47 as one issue traded on the Bermuda Stock Exchange. BFM Ltd fell $1 (4.5 per cent) to $21 on trading of 800 shares. On the New York Stock Exchange, Bank of N T Butterfield Ltd fell 1...

Capital unable to get significant returns from ILS investment could bolt for greener pastures, a Fitch Ratings assessment has determined. The report says the fallout from Hurricane Ian could test the investor appetite for bonds. Reinsurers have used ...