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Bermuda-based drinks giant Bacardi Limited has announced that this holiday season, its range of gift packs will contain 50 per cent less plastic than last year. The largest privately held spirits company in the world said it is removing 147 tons of s...

Bermuda-based global financial services provider, the Apex Group Ltd, will provide fund administration and accounting services to Nassau-headquartered Marlin Capital Partners. Marlin is licensed and regulated by the Securities Commission of The Baha...

Bermuda-based data and software company Afiniti has appointed Caroline O’Brien as the organisation’s first chief data officer. The company said Dr O’Brien will be responsible for leading data strategy and data engagement across Afiniti's fast-growing...

Bermuda-based global financial services provider Apex Group Ltd has secured a Fitch rating and affirmed its existing corporate ratings from Moody’s Investors Service and S&P Global Ratings ahead of the planned acquisition of Sanne Group Plc. Fitch Ra...

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...

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...

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...

Bermuda-based Assured Guaranty Ltd has declared a quarterly dividend of 22 cents per common share. The dividend is payable on December 1 to shareholders of record at the close of business on November 17. Assured is a publicly traded Bermuda-based hol...

Moody's Investors Service has placed under review for upgrade Digicel Group Holdings Limited’s Caa2 corporate family rating, its Caa2-PD/LD probability of default rating, Caa3 senior secured rating and Ca senior unsecured ratings. Moody's has also p...

With the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow starting next week, climate change is in the forefront, and a coherent strategy on sustainability is fast becoming a necessity, rather than a choice, for financial service p...