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Bacardi Limited, the world’s largest privately held spirits company, has appointed Dave Ingram as chief supply chain officer. The Bermudian-based company said Mr Ingram brings 30 years of supply chain and strategic sourcing experience to Bacardi, whe...

SFL Corporation Ltd, the ship-owning company based in Bermuda, has reported a net profit of $57.4 million in the second quarter of the year. The company received charter hire of approximately $164.9 million in the quarter from its vessels and rigs, i...

Bermudian-based Premia Holdings Ltd has announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement with Hiscox Syndicate 33. The subject portfolio consists of a diverse mix of business underwritten by Syndicate 33 durin...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has appointed Phil Wooldridge as head of London US casualty. The company said Mr Wooldridge has more than 25 years of experience in the US casualty markets, and working with t...

The RG/BSX Index remained unchanged at 2,364.05 for the day with no trading activity on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited finished down 49 cents (1.40 per cent) at $34.56 on the New York Stock Exchange.

Global Atlantic Financial Group, the Bermudian-based financial services company, has announced a $10 billion group annuity reinsurance agreement with Equitable Financial Life Insurance Company to reinsure a portion of its group retirement annuities. ...

A Bermuda company expects to deliver in the near future a new class of waterway vessels powered entirely by sustainable energy — vessels envisaged as the next generation of commercial ferries. Breakthrough technology and preliminary approvals from a ...

John Wight, the group chief executive officer of BF&M Limited, is to retire at the end of the month. Mr Wight, who became president and CEO of BF&M in 2005, will be succeeded as group CEO by Abigail Clifford, with effect from September 1. Ms Clifford...

The measure US president Joe Biden signed into law yesterday that raises taxes on US corporations does nothing to comply with a separately negotiated 137-country deal for a global minimum tax on the world's largest companies. It is the latest sign th...

An eight-week global fintech education programme was completed recently by 13 Bermudians. The programme was a collaboration between the Economic Development Department and NEXT, the island’s first digital-asset industry association. NEXT comprises 15...