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Ascot has announced the launch of a marine cargo and war facility which will provide coverage for vital grain and food products transitioning through safe corridors established by the newly signed Black Sea Treaty between Russia and Ukraine. Placed b...

The announcement by Bermudian-based Fidelis Insurance Holdings Limited that it is to create a managing general underwriter has impacted the ratings of the company and its subsidiaries with AM Best. The ratings agency has placed under review with nega...

The Association of Bermuda International Companies said it will join OutBermuda in celebrating Bermuda Pride 2022 later this month. In a statement Abic said: “As businesses in Bermuda, we strive to ensure that everyone is treated fairly, equitably, a...

Bermuda’s fintech-friendly atmosphere and strong technological infrastructure has led to the formation of a new cyber-risk modelling company. DeNexus founder Jose Seara and senior adviser Jeffrey Sirr came to the island to incorporate DeNexus. “We ...

Bermuda has been ranked second in the world for its regulation of the digital-asset sector. The first-of-its kind Global Crypto Regulation Index has been launched by Solidus Labs, which bills itself as the crypto-native risk-monitoring and market int...

Veteran realtor Larry Sticca says that the 0.75 per cent US federal funds rate rise announced on Wednesday may dampen the real estate market in Bermuda, but probably will not bring it to a complete standstill. “It will probably hit customers on the b...

Aristotle had a lot to say about our moral development, but it turns out he also talked a good deal about something called situational luck. For Aristotle, all our habits — good or bad, learnt or not — contribute to our moral development. The sum of...

The Bermuda International Long Term Insurers and Reinsurers organisation has formed a global advocacy committee to engage on international issues that affect the island’s life insurance sector. The committee will interact with regulators, governments...

The war in Ukraine and investment losses knocked the half-year results for Conduit Holdings Ltd to a comprehensive loss of $61.4 million. This included the $24.6 million estimated loss in relation to Ukraine (net of reinsurance and reinstatement prem...

Bermuda’s Cup Match holiday is half over. It always reminds me of the Crown and Anchor booth, legalised betting allowed on one of the few events a year in Bermuda – for just about everyone participating it is a harmless, fun tradition. So, readers an...