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Since the Government’s Economic Investment Certificate initiative began more than 16 months ago, 19 applications have been approved, representing investments of more than $325 million into the local economy. The update on the EIC initiative came from...

Two graduates of a foundation reinsurance course at the Bermuda College have been awarded new scholarships to attend St John’s University’s Maurice R. Greenberg School of Risk Management Insurance and Actuarial Science. The Association of Bermuda In...

Since January, the US economy and stock markets have been hit by the perfect storm. The S&P 500 registered its worst half year since 1970 and the Dow Jones Industrial Average had its largest first-half decline since 1972. Russia’s invasion of Ukraine...

Chubb has announced that Natalie Chiaramonte has been named president of Sovereign Risk Insurance Ltd, a leading Bermuda-based underwriter of political risk insurance and reinsurance. Ms Chiaramonte previously served as senior vice-president and chie...

The RG/BSX Index closed unchanged at 2,227.83 as the Bermuda Stock Exchange remained idle for the day. The Bank of N.T. Butterfield & Son Limited closed down 23 cents (0.71 per cent) at $31.99 on the New York Stock Exchange.

CrossTower, the crypto currency exchange and non-fungible token marketplace with an office in Bermuda, is partnering with Ripple, a leader in enterprise blockchain and crypto solutions, to add non-fungible tokens minted on the XRP Ledger to the Cross...

Bermuda-based SiriusPoint Ltd has agreed a strategic partnership and investment with European managing general agent Alta Signa Holdings, which specialises in financial and professional lines insurance. Alta Signa, which is headquartered in Brussels ...

Catalina Holdings (Bermuda) Ltd has named new chief executive officers for its US and Asia operations. Loh Wei-Lyn has been named as CEO of Asia, replacing Martin Kauer who retired in May, while Luann Petrellis is the CEO of the US, taking over fr...

Investment manager Foord Asset Management has appointed Apex Group Ltd, the global financial services provider based in Bermuda, to support its expansion into the Australian market. Apex will provide fund administration, transfer agency and custody s...

Bermuda is highlighted in the latest report from the International Consortium of Investigative Journalists as a central location used by ride-share giant Uber in its tax planning. The Uber Files project outlines how the ride-share company seized ...