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Bermuda’s newest restaurant has a roof with a view. The Cloud at The Waterfront is located atop Wellesley House South at 90 Pitts Bay Road in Pembroke, up the stairs from Miles Market. The 3,000sq ft restaurant features a huge outdoor terrace as well...

The Bermuda Monetary Authority has released its 2022 Business Plan, summarising its objectives and initiatives for the year ahead. In a statement, the BMA said that while this includes the maintenance of its longstanding commitments, such as detecti...

Charles Kasmer has been appointed the chief underwriting officer, P&C reinsurance at Fortitude Re, where he is responsible for sourcing and pricing new non-US P&C run-off transactions for the newly established Fortitude International Re (FIRL) entity...

The Meyer Group of Companies has promoted Konika Spence to the position of assistant manager of Meyer Freight Ltd. Ms Spence has been a part of the Meyer team for six years and has 18 years’ experience in the shipping industry, the company said. In t...

Global financial services provider, Apex Group Ltd. has a deal on the table proposing to acquire New Zealand’s leading provider of investment administration services, MMC. The transaction to take over MMC is subject to customary conditions (including...

The RG/BSX Index fell 26.82 (0.96 per cent) to close at 2,756.01 as just one issue traded. Bank of N.T. Butterfield Ltd was off by 50 cents (1.2 per cent), closing at $40 after 488 shares ($19,405.60) changed hands. On the New York Stock Exchange, th...

A Supreme Court judge has granted a struggling bakery business time to pay a series of debts owed to five former employees. Puisne Judge Larry Mussenden on Friday heard a submission by lawyer Marc Daniels, representing Cake Shop Limited, that his cli...

CrossTower Inc, the crypto and digital asset exchange with an office in Bermuda, has introduced the G-Coin digital gold token for its American customers. Unlike cryptocurrencies, the company said, the G-Coin token is a digital title of ownership to 9...

Two companies with a Bermuda presence have participated in the $110 million Series E investment round of Lukka, the enterprise crypto-asset software and data provider. The company said the $110 million round values the company at more than $1.3 billi...

A Bermudian-based high net worth life insurance provider has won two prizes at the 12th Benchmark Wealth Management Awards 2021 in Hong Kong. Transamerica Life (Bermuda) Ltd won the Outstanding Responsible Insurer award and Best-in-Class — Universal ...