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Clarien has launched a bank account application process that the company says takes just 15 minutes and is completed entirely online. It said that the technological innovation is a first for the Bermuda market and is “aligned with Clarien’s vision of...

The head of the Bermuda Stock Exchange has hailed the importance of its listing of the first catastrophe bond to be issued out of Hong Kong. The $30 million Greater Bay Re Ltd, Series 2021-1, cat bond secures protection against losses inflicted by ty...

Curtis Dickinson, the Finance Minister, has dismissed criticisms from the Opposition One Bermuda Alliance of the use of the relatively new Kroll Bond Rating Agency (KBRA). Mr Dickinson said that Kroll was just one of the rating agencies that had rece...

Fitch Ratings has placed PartnerRe Ltd.'s (PRE) ratings on rating watch positive, including its 'A-' issuer default rating (IDR) and the 'A+' (Strong) insurer financial strength (IFS) rating of Partner Reinsurance Company Ltd., the company's principa...

ZipX Bermuda has moved its collection centre to 15 Gorham Road, effective today. The company said that the centre is located between the Lobster Pot restaurant and Oleander Cycles. ZipX collection customers can pick up their packages from Monday to F...

Bermuda-based Vantage Group Holdings Ltd has appointed Alex Blanco as CEO of insurance to lead the growth and development of its insurance business. Vantage was established late last year and began writing reinsurance risk on January 1 through its Be...

The RG/BSX Index rose 1.05 points (0.04 per cent) to close at 2,706.08, after one advance and one decline on the Bermuda Stock Exchange. Polaris Holding Company fell 95 cents (10.6 per cent) to close at $8 after 3,000 shares changed hands. Argus Grou...

Bermudian-based Nabors Industries Ltd has been selected as the new preferred drilling contractor by Chesapeake Energy Corporation of Oklahoma. Nabors said that both companies have contributed significantly to advancing the industry's digital maturity...

The Stationery Store & Stationery Store Plus are set to launch their first Black Friday Sale. But the seller of stationery and art supplies will launch a series of exclusively in-store sales on Friday, November 5 — and continue every Friday throughou...

Markets have improved in the fourth quarter, the leader of Bermuda-based Nordic American Tankers Ltd has told shareholders and investors in the oil tanker company. Herbjorn Hansson said that tanker markets have been down in 2021, including in the thi...