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The six-day blockage of a vital maritime trade route last year by the Ever Given containership could result in more than $2 billion in claims, a leading French reinsurer has said. The Ever Given, which weighs 200,000 tonnes and is 400 metres long, ra...

Apex Group Ltd, the global financial services provider based in Bermuda, has been appointed by 3iQ Digital Asset Management, Canada’s largest digital asset investment fund manager. With $1.4 billion in assets under management, 3iQ offers investors co...

Fitch Ratings has assigned an 'A+' insurer financial strength rating to Athene Annuity Re Ltd. The rating outlook is stable. The ratings previously assigned to Athene Holding Ltd. and its insurance subsidiaries are unaffected. AARe's 'A+' IFS rating...

The Bermuda Business Development Agency is promoting Bermuda as a base for fintech and climate risk finance in London this week

Bermudian-headquartered Keon Foundation Ltd has partnered with Boston-based Algorand as the layer-1 blockchain solution for its regulated decentralised finance asset management ecosystem. The foundation, established this year as a non-profit exempted...

A company in which Bermudian-based Athene Holding Ltd is lead investor has signed a stock purchase agreement with LeasePlan Corporation to acquire LeasePlan USA. LeasePlan Corporation, the car-as-a-service company, announced that Wheels Donlen’s pare...

Appleby partner Tim Faries and UK-based Carlo Ravizza have joined the board of Hoegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider. Mr Faries has been appointed by the general partner of the partnership to fill ...

Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported a loss of $92.1 million for the quarter to April 30. This compares to nearly $130 million in profit in the same period a year before. The company...

Miami International Holdings Inc, owner of the Bermuda Stock Exchange, and Lukka Inc have entered into a strategic alliance to jointly develop and launch a suite of proprietary crypto derivatives on MIH exchange platforms based on Lukka-supplied cryp...

Activity in the offshore drilling industry has returned to pre-Covid-19 levels, the chief executive of a Bermudian-based oilfield services company has revealed. Patrick Schorn, CEO of Borr Drilling Limited, said: "The significant amount of contracts ...