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Bermudian-based Fidelis Insurance Holdings Limited has joined the Net-Zero Insurance Alliance (NZIA), convened by the UN Environment Programme’s Principles for Sustainable Insurance Initiative. The company said this highlighted its commitment to supp...

Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion. The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...

Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has reported a net loss of $13.9 million in the first quarter. That compares with a loss of $39.8 million in the fourth quarter of 2021, and a loss of $21.4 mi...

The RG/BSX Index fell 40.99 (1.72 per cent) to close at 2,335.84 on the trading of one stock on the Bermuda Stock Exchange for the day. BF&M Ltd. closed at $18.01, down $4.49 (20 per cent) on trading of 2,800 shares ($50,577). In New York, the Bank o...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Nissan Global Reinsurance Ltd, the captive insurer for the automobile manufacturing giant. The outlook of...

Bermudian-based SFL Corporation Ltd, the ship-owning company, has reported a net profit of $47 million in the first quarter. Other preliminary results include operating revenue of approximately $152.4 million. The company said it had received charter...

Taheera Lovell worries that when the privacy legislation comes into effect local entities will be overwhelmed with personal data requests

To elevate its Enterprise Bermuda Incubator programme, the Bermuda Economic Development Corporation has partnered with a top Canadian business growth programme. The BEDC is now working with The Accelerator Centre in Waterloo, Ontario, and application...

Continuing a tradition of collaborating with Bermudian artists, local clothing designer Tabs has partnered with Shanna Hollis on their newest release of swimwear called Gotta' Go Town, with a percentage of sales going towards art bursaries for Kaleid...

Bermudian-based Conduit Holdings Limited, the parent company of Class 4 reinsurer Conduit Re, reported impressive premium growth as it delivered its first quarter trading update. Analysts said that after a $42 million-loss for 2021, but no debt on it...