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The signature event of Bermuda Tech Week kicks off on Wednesday with a keynote “fireside chat” between David Burt, the Premier and Minister of Finance, and Michael Casey, chief content officer of information platform CoinDesk. The agenda for the four...

An entrepreneur who left behind a desk job as a corporate lawyer to create booking software for the 109,000 barbershops in the United States is among the featured speakers at InspireCon 2022 next week in Bermuda. Squire Technologies, the start-up co-...

Seadrill Ltd, the Bermudian-based offshore drilling company, has entered into binding share purchase agreements under which it will sell its entire 35 per cent shareholding in Paratus Energy Services Limited -- formerly Seadrill New Finance Ltd -- an...

A quiet day on the Bermuda Stock Exchange ended with the RG/BSX Index unchanged at 2,493.27 after no trading. The Bank of N.T. Butterfield & Son Limited rose 29 cents (0.85 per cent) to $34.44 at close of day trading on the New York Stock Exchange.

The Police and Fire Retirement System for the City of Detroit late last week filed a class-action lawsuit against Argo Group International Holdings Inc, the Bermuda international underwriter of property and casualty insurance with offices on Pitts Ba...

Everest Re Group Ltd is estimating total pre-tax net catastrophe losses of $730 million for the third quarter. About $600 million is attributed to Hurricane Ian, which made landfall on the west coast of Florida on September 28, with $500 million attr...

The aircraft management company based in St George’s, Longtail Aviation, has acquired its first B757-200PCF aircraft, according to ch-aviation, the Swiss-based airline intelligence provider. The publication said Longtail’s newly acquired Boeing is a ...

The Mid Ocean Club has again achieved gold level accreditation standard and has been nominated for three awards by Investors in People. IIP is a global organisation that advises and conducts assessments of employers using its unique framework, focusi...

Axis Capital Holdings Limited expects to report a small operating income for the third quarter of 2022. The Bermudian-based global specialty re/insurer said its results are impacted by a pre-tax net loss estimate for catastrophes and other weather-re...

It is common knowledge that directors of companies owe a duty to the company to act in its best interests. Less well understood is the principle that, when a company reaches a certain level of financial distress, the directors’ duties shift to includ...