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Natasha Scotland Courcy has been elected as chairwoman of the Bermuda International Long Term Insurers and Reinsurers at the organisation’s annual general meeting. Ms Scotland Courcy, who is senior vice-president, chief operating officer and general ...

Ignite will commence the 6th cohort of the core accelerator programme October 4 with boot camp for 34 new members. The “Fuel Your Ambition Series” starts online October 19 for over 40 new members. Ignite Bermuda is the trade name of Bermuda Accelerat...

The venture capital arm of a Bermudian-based company has led a $15 million Series A funding round by the fintech company Inclined Technologies Inc. Inclined said it aims to democratise a $150 billion market by helping consumers to significantly enhan...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of the operating subsidiaries of Essent Group Ltd, the mortgage re/insurer based in Bermuda. The subsidiaries are island-ba...

AM Best has upgraded the credit ratings of Ardellis Insurance Ltd, the Bermudian-based Class 3A insurer. The agency has upgraded the company’s financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a...

Bermudian-domiciled White Mountains Insurance Group has contributed a slice of a $315 million Series D round of funding raised by Pie Insurance, the insurtech company specialising in workers’ comp insurance for small businesses. White Mountains, a fi...

White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has announced the preliminary results of its "modified Dutch auction" tender offer to purchase up to $500 million in value of its common shares. The tend...

On April 18 2022, a financial literacy contest was announced for all readers of this Moneywise column, seeking five winners. The contest invited any interested contestants to describe in 200 words or less what financial literacy / wellness means to y...

Inflation: it’s a constant news headline, the joke of every meme, and the word we curse under our breath every time we have to put the fancy bacon back on the shelf and grab the generic turkey bacon instead. Whether we want to admit it or not, inflat...

With a total trade volume of just 1,354 shares valued at $44,592.10 on the Bermuda Stock Exchange, the RG/BSX Index closed unchanged for the week, without the benefit of a Friday session. The market was open Thursday, but there was no activity.. The ...