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The allegation by a US Congressman that “several million dollars has been routed through non-profit organisations in Bermuda” in a Russian disinformation scheme to promote the anti-fracking lobby in the US (Tuesday March 22, 2022) has led to a backla...

When Malika Serrar first moved to Bermuda from Canada, she was shocked by the price of a haircut. “I went to one place and they charged me $200 for a wash, cut and blow dry,” she said. “I was really surprised you could not get an affordable haircut i...

LOM Financial Limited’s net profit for the year doubled to $9,510,119 as it enjoyed favourable returns on securities that the company owned. In a letter to shareholders, chairman and CEO Scott Lines said that the full-year 2021 profits were an increa...

Bermudian-headquartered Nephila Holdings Ltd has sold its interest in award-winning international MGA platform Volante Global to fintech company Acrisure. Nephila, a subsidiary of Markel Corporation, was the majority investor in Volante before its ac...

Economic investment opportunities created by the Bermuda Business Development Agency in 2021 included 13 economic investment certificate applications approved for a total investment of $236 million, the organisation reported today. That was among the...

Atlanta-based insurtech start-up Layr has raised $10 million in a Series A funding round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd, doing its re/insurance business as HSCM Bermuda. The new venture uses ...

RenaissanceRe has appointed long-time staff member Cathal Carr to the position of senior vice-president, underwriting, and global head of climate and sustainability strategy in Dublin, Ireland. Mr Carr has spent 17 years with Bermudian-headquartered ...

The RG/BSX Index closed at 2,495, unchanged, after a day of no trading activity on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited closed up a penny (0.03 per cent) at $37.15 on the New York Stock Exchange.

Bermudian-based non-profits are being used as part of a disinformation campaign by Russian president Vladimir Putin that targets the American energy industry, a US Congressman has claimed. Mark Green, a Republican from Tennessee, was appearing on The...

Insurers could face as much as $10 billion in claims from the grounding of planes in Russia, many of of them registered in Bermuda