Log In

Bunge Limited, the American agribusiness and food company, has announced that its board of directors has unanimously approved moving its place of incorporation from Bermuda to Switzerland. Under the proposal, Bunge would become a Swiss corporation. T...

After five days of hearings last week, the Court of Appeals will entertain final written submissions in an appeal of a lawsuit that saw a unit of Credit Suisse end up on the wrong side of a $600 million judgment in the Supreme Court. And the appeals ...

The Bermuda Monetary Authority was praised as a world-class financial authority by MPs in the House of Assembly on Friday. The plaudits came after legislators passed a Bill to create a new class of innovative insurer through the Insurance Amendment A...

A Bill that aims to update the classification of securities — financial instruments such as any share of stocks on a company, bonds or debentures — under the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly on Friday. In readin...

The Association of Bermuda Insurers and Reinsurers CEO, John Huff, is in Tampa, Florida this week for the National Association of Insurance Commissioners Fall National Meeting. Mr Huff is a past president of the NAIC, the US standard-setting body for...

Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited from bankruptcy last week. On December 6, the Modified Fifth Amended Title III Plan of Adju...

Bermuda Healthcare Services and Brown-Darrell Clinic have added a new diagnostic imager to their team. The hiring of Kym Dumas means the clinics will be able offer extended hours for CAT and MRI scan services. Ms Dumas has more than 30 years of exp...

The Argus Group has announced continued support of the Open Airways Spacer Programme with a donation of $8,360. This is the fourth year Argus has supported the charity’s pledge to distribute at least 1,000 spacers, which cost between $12.50 and $21.5...

Appleby Bermuda has advised Arc Ltd, a longstanding client, on its first parametric insurance product against high-impact epidemic risks. The product will provide parametric insurance to African Union member states for three selected pathogens respon...

The board of directors of Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has approved an increase in the size of the company’s existing share repurchase authorisation to $400 million. Brian ...