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New York-based alternative asset manager Apollo and its Bermudian-based subsidiary Athene have entered into a strategic relationship with BNP Paribas, the global bank, to provide a dynamic new solutions platform for working capital and supply chain n...

Trygve P. Munthe, co-CEO of Bermudian-based crude oil tanker company DHT Holdings Inc, is to retire. After more than 11 years with DHT, and a 35-year career in the shipping industry, Mr Munthe is to leave the company on April 8 and return to his nati...

Peak Reinsurance Company Limited, the parent company of Bermudian-based Peak Capital Ltd, has appointed Piotr Nowakowski as director, head of product underwriting for the company’s property and casualty business. The Hong Kong-headquartered global re...

The Lloyd’s market has appointed Dawn Miller as its commercial director reporting into Lloyd’s chief of markets, Patrick Tiernan. Ms Miller joins from Chubb where she currently holds the position of regional executive officer for Chubb Central Region...

The RG/BSX Index remained unchanged at 2,752.34, with no trading for the day on the Bermuda Stock Exchange. The Bank of Butterfield rose ten cents (0.27 per cent) to close at $37.66 on the New York Stock Exchange.

Current Vehicles, the electric rental car company, has launched a contactless on-demand, app-based vehicle-sharing service geared towards the local market. The initiative allows renters to pick up a Twizy — or the operation’s new Citroën Ami — at any...

Bermuda’s property market rebounded strongly in 2021, a report by Rego Sotheby’s International Realty reveals (see related media). The agency said increased average selling prices were the norm last year across all sectors. Non-luxury residential pro...

A Bermuda business leader has called for more economic diversification and tourism innovation to move the island past the shock of two years of pandemic-induced economic stagnation. The call came from Arthur Wightman, territory leader, PwC Bermuda, a...

A joint corporate pledge to reduce and eventually eliminate greenhouse gas emissions has hit a legal snag. The United Nations-convened Net Zero Insurance Alliance (NZIA) — with membership that began with 15 global insurance and reinsurance groups — h...

CrossTower, the crypto and digital asset exchange with an office in Bermuda, has partnered with Mphasis, the India-based information technology solutions provider specialising in cloud and cognitive services. Mphasis said the two companies have joine...