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Counterpart, the Los Angeles-based management liability insurtech, has announced the launch of their partnership with Bermudian-headquartered Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of...

On 6 April 2022, the Ministry of Economy and Labour announced that it would expedite the work permit process for qualified actuaries. The temporary initiative is a response to the “high worldwide demand for qualified actuaries,” and seeks to help th...

Industry veteran Andrew Smith has been tabbed to lead climate change related initiatives at Bermudian-based global reinsurer Conduit Re. Mr Smith, chief risk officer since December 2020, takes on the new role of chief risk and sustainability officer ...

The RG/BSX Index remained unchanged at 2,335.84 in the absence of domestic company trading on the Bermuda Stock Exchange for the day. The Bank of N.T. Butterfield & Son Limited finished down 31 cents (1.03 per cent) to close at $29.77 on the New York...

After two years of ferment, delivery trucks are rolling through again at On De Rock Craft Brewery on Market Lane in Pembroke. Owner Simon Watkinson, has been struggling to keep the craft beer business going since the pandemic began in March 2020. “T...

February’s retail sales volume fell 4.4 per cent compared to last year, according to Retail Sales Index figures released by the Ministry of Economy and Labour. In value terms, retail sales revenue remained the same as the previous year (February 2021...

Consumers paid 2.5 per cent more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Ministry of Economy and Labour reported today. This level of inflation was the same as the January an...

A winding-up order has been made in the Supreme Court of Bermuda in relation to World on Wireless Limited, the television subscription provider. TeleBermuda International Limited has acquired the business and certain assets of WoW. Joint provisional ...

The Bermuda Business Development Agency’s New York City executive forum, which concluded Wednesday, enabled the Bermuda team to engage in numerous business development meetings with potential New York City prospects, David Hart, the BDA CEO said toda...

AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Nectaris Re Ltd, the operating subsidiary of Nectaris Holdings Ltd, both of which are domiciled in Bermuda. The outlook of th...