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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...

Yosha DeLong has joined Bermudian-based start-up Mosaic Insurance Holdings Ltd as senior vice-president and head of cyber underwriting. The appointment was first reported on the Business Insurance website. Ms DeLong, who was formerly Zurich North Ame...

An oil tanker owned by Bermudian-based Nordic American Tankers was being refuelled in the Persian Gulf on Friday when a limpet mine was discovered on a ship that was providing the fuel transfer, according to a report by Associated Press It said the N...

Britain has drafted an order-in-council laying out how it expects its Overseas Territories to set up publicly accessible registers detailing beneficial owners of companies. However, Wendy Morton, a Foreign Office minister, said in the House of Common...

Bermudian-founded Apex Group Ltd plans to acquire GFin Corporate Services Ltd, a Mauritius-based and licensed management company, providing fund administration services to institutional clients. Apex said GFin provides a range of services such as com...

International law firm Kennedys is calling for applications from Bermudian law students for two-year solicitor training contracts at its London office. Partner Mark Chudleigh said a place is being offered for entry next September, and another spot is...

Veteran insurance executive Stephen Weinstein has been elected the new chairman of the Bermuda Business Development Agency. Mr Weinstein, who previously served as deputy chairman, succeeds Paul Scope, who is stepping down from the BDA board after sev...

Bermudian-based drinks giant Bacardi has appointed Mauricio Vergara as president and chief operating officer of Patrón. A seven-year Bacardi veteran, Mr Vergara has a diverse background serving in leadership positions across marketing, commercial an...