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The future of a private transport service that provided a chauffeur to get people home safe after a night out remains uncertain. HomeSafe Bermuda suspended operations for health and safety reasons in March 2020 when the Covid-19 pandemic began to imp...

Legacy specialist Darag Group has concluded a new agreement with an offshore captive insurance company. The company said the structure of the approximately $10 million transaction is a novation, allowing the counterparty full legal finality. The tran...

Bermuda Monetary Authority veteran Shanna Lespere has been appointed to the new permanent post of deputy chief executive officer with the organisation, effective immediately. Mrs Lespere, who joined the BMA in 2004, will be tasked with providing exec...

The Bermuda Business Development Agency has launched a new climate risk finance hub and an environmental, social, and governance webpage detailing the island’s commitment to blending business-friendly practices with policies for a sustainable future....

Bermudian-headquartered Altamira Therapeutics Ltd has reached the midpoint for enrolment in its Covamid clinical investigation of its Bentrio™ nasal spray in patients with acute Covid-19. Covamid is a randomised, placebo controlled clinical trial to ...

The Bermuda Monetary Authority is seeking special reporting from the island’s insurance groups on underwriting and balance sheet exposures to the Russia-Ukraine war for the period to the end of March. Respondents are asked to complete reporting forms...

It has been more than a decade since the creation of the first cryptocurrency, bitcoin, yet digital assets are only now being adopted by mainstream business. Major companies such as Microsoft, PayPal, Whole Foods, Starbucks and Tesla accept cryptocur...

A jurisdictional resolution as to where to settle internal disputes at HSBC Holdings plc, which was to be voted on at the bank’s annual meeting this month, has now been put on hold, according to a filing with the Bermuda Stock Exchange. Resolution 17...

The RG/BSX Index remained unchanged at 2,470.21, with no trading on the domestic board of the Bermuda Stock Exchange for the day. The Bank of N.T. Butterfield & Son Limited closed 32 cents (0.92 per cent) higher at $35.10

Technology industry veteran Martha Tate has been appointed group chief business officer at Digicel. She joins from Denver-based Infinera where she was vice-president, strategic sales. The company said Ms Tate has more than 25 years of experience with...