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Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has new leadership. Kristian Sørensen has resigned as CEO to pursue opportunities outside of the company. The chairman of the board, Erik O....

Bermudian-based fintech company 24 Exchange has completed its first crypto currency non-deliverable forward trades on its platform, the organisation announced. The trades involved ED&F Man Capital Markets, XBTO and QCP in February. The company said ...

Apex Group Ltd, the global financial services provider based in Bermuda, has been appointed by Australian-headquartered Perennial Partners to provide fund administration services to Perennial Private Ventures Fund. The company said this mandate win f...

Crystal Cruises was left to fend for itself after its parent company sought court protection in Bermuda, the luxury line’s former president has disclosed. The operator of three ocean cruise ships and five river ships closed its offices on February 11...

The inaugural in-person Bermuda Risk Summit has sold out, the Bermuda Business Development Agency has confirmed. The event, to be held from today through Wednesday, is the first major, in-person risk event to be held in Bermuda since 2019 and counts ...

Bermudian-based Signet Jewelers Limited has announced that the Signet Love Inspires Foundation will donate $1 million to the Red Cross Ukraine humanitarian relief efforts, through its global network. Signet, the world’s largest retailer of diamond je...

AK Jensen Group Limited (AKJ), the leading provider of turnkey trading and infrastructure solutions for fund managers, has announced the acquisition of RiskCap Ltd. by affiliated company AKJt Holdings Limited. RiskCap, with offices in Malta and Londo...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-domiciled Fortitude Reinsurance Company Ltd. The outlook of these credit ratings is stable. Concurrently, AM Be...

The impact of economic sanctions on the rouble will prompt other countries to speed up their adoption of a digital currency

Bermuda’s investment business regulations have been updated to cover remote work and digital nomads