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Bermudian-founded Apex Group Ltd has launched a tool to help financial market participants collect the necessary data to report on and comply with the upcoming EU Sustainable Finance Disclosure Regulation. As of March, the EU SFDR will require asset ...

Ten insurers and intermediaries had their registration confirmed by the Bermuda Monetary Authority last month. Cedar Hamilton Limited was registered as a Class 3 insurer, and Stellar Risk Solutions (Bermuda) Ltd as a Class 1 insurer. The special purp...

A warning has been issued about a fraudulent website which falsely claims to be a crypto bank operating from an address in Bermuda. The Bermuda Monetary Authority said it had been made aware of a fraudulent website at www.bankofnevis.com, which false...

Farah Ballands has decided to step down as chief executive officer of Ocorian. She will be succeeded by Frederik van Tuyll, the current chairman, on March 31. She guided Ocorian and Estera through a merger last year. Estera was spun off from law firm...

Bermudian-based specialty re/insurance outfit Hamilton Insurance Group Ltd has made two senior appointments in its Lloyd's operations, Hamilton Managing Agency Ltd. Trevor Ormes joins as deputy active underwriter of Syndicate 4000 and head of profess...

One of the major cruise operators that sails to Bermuda burnt through an average of $500 million a month during the fourth quarter. In a preliminary summary, Carnival Corporation reported adjusted net loss of $1.9 billion for the three-month period. ...

A billion-dollar data and software company that moved staff to Bermuda as digital nomads last year, has an ambition to increase its presence to 1,000 staff on the island within five years. If all goes to plan, Afiniti could account for 10 per cent of...

International business will take on increased importance to the local economy as the Island, like the rest of the world, grapples with the economic fall-out of the Coronavirus pandemic, according to Craig Simmons, Bermuda College senior economics lec...

Insurance executive Jeremy Young has joined Bermudian-based Transamerica Life (Bermuda) Ltd as its global head of sales and distribution. The company said Mr Young will be responsible for enhancing and executing the company's sales strategy, while bu...

Butterfield has been shortlisted for six Citywealth International Financial Centre Awards, which celebrate excellence in international private wealth advisory and management. Butterfield Trust received 2021 Trust Company of the Year shortlist nominat...