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AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermudian-based Ascot Group Limited’s operating subsidiaries. The ratings are in respect of Ascot Bermuda Limited, as ...

100 Women in Finance in Bermuda hosted its first hybrid event this month, sponsored by Bermuda Clarity Institute. 100 Women in Finance is a global network of professionals in the finance and alternative investment industries working together to empow...

Matt Lyne has commenced his role as senior vice-president and chief commercial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Lyne, who was appointed in May, previously served as chief commercial and strategy o...

It’s open house time for the new Economic Empowerment Zone hubs, as the Bermuda Economic Development Corporation aims for more accessibility. The BEDC has recently launched the fifth cohort of Enterprise Bermuda, the 12-month incubator programme, whe...

On-air talent at Bermuda’s Channel 82 will go international from its Cemetery Road studios. The channel streams live 24/7 and on the company website channel82.bm, as well as Channel 82 on One Comm’s Bermuda Cablevision. A depository of 10 years of lo...

The Association of Bermuda International Companies has appointed Wayne Smith to be the organisation’s next executive director. Mr Smith, whose career has spanned the public and private sectors, will join Abic in October. During a three-month transiti...

AM Best has downgraded the long-term issuer credit rating of Sompo International Holdings Ltd, the Bermudian-based re/insurer, from “a” (Excellent) to “a-” (Excellent). The agency said the downgrade is to harmonise the intermediate holding company cr...

The Association of Bermuda International Companies is promoting diversity, equity and inclusion within its membership. Abic’s Diversity and Inclusion Committee, formed in 2017, has worked at HR and C-suite levels to promote DEI and encourage positive...

Hamilton Princess & Beach Club is among the nominees in the “best social media of an historic hotel” category for the 2022 Historic Hotels Worldwide Awards of Excellence. The Princess, which opened on January 1 in 1885, faces competition from 12 othe...

The Bermuda Monetary Authority’s operational cyber-risk management code of conduct has come into force for banks and deposit companies on the island. The coming into force follows recent amendments to the Banks and Deposit Companies Act 1999, the BMA...