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The oil tanker company Nordic American Tankers Limited has concluded two six-year time charters for its two Suezmax newbuildings set for delivery in May and June. The Bermudian-based company said the contracts are with Asyad Shipping Company in Oman ...

Next week, business-savvy teens will get a free crash course in entrepreneurship. The Youth Entrepreneurship Initiative, in conjunction with the Economic Development Department, will offer a mini BizCamp from February 14 to 19. It will be a combinat...

When Astoria Smith opened green beauty salon Lacquered Lounge, she was not nervous. She had a business degree. “I knew what I was doing,” she said. And when the pandemic started two months after she opened on Water Street in St George’s, she had a l...

A new advocacy group for Bermuda’s captive insurance industry has emerged, with the backing of key organisations and with membership launching in April. Notably, the new Bermuda Captive Network aims to offer enhanced advocacy, leading and evaluating ...

Bermudian lawyer Charissa Ball has returned from eight years’ practising in Hong Kong to join Carey Olsen Bermuda Limited as counsel. The firm said Ms Ball, who was called to the Bermuda Bar in 2013, specialises in all aspects of corporate and commer...

The Zest Wellness Programme, created by Coralisle Group Ltd, has been awarded a gold medal by the Wellness Council of America (Welcoa) for building a workplace culture that promotes, protects and supports the health and wellbeing of its employees and...

Bermudian-based Vantage Group Holdings Ltd has received a capital commitment of up to $200 million and has made an important acquisition. Vantage, one of Bermuda’s Class of 2020 re/insurers, said that funds managed by Carlyle and Hellman & Freidman h...

Changes to the island’s anti-money laundering regulations to better police digital assets have been given the green light by the House of Assembly. Curtis Dickinson, the Minister of Finance, said the Proceeds of Crime Amendment Act 2022 would update ...

RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business, has launched an office on the island with the appointment of market veteran David Rocke as managing director of its Bermuda division. The company said...

The RG/BSX Index closed unchanged at 2,533.51, with no trading of domestic companies for the day on the Bermuda Stock Exchange. The Bank of Butterfield rose 93 cents (2.44 per cent) to close at $38.97 on the New York Stock Exchange.