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The Bermuda Monetary Authority is to increase its focus on climate change matters with the introduction of a regulatory and supervisory team specialising in the licensing and supervision of innovative business model proposals to address climate chang...

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...

Three speakers from Bermuda will take part in the Island Finance Forum 2021, an online event, this week. Among them will be finance minister Curtis Dickinson. The four-day forum features speakers from islands around the world. Topics being discussed ...

The Digicel Group, of which Digicel Bermuda is a part, has announced a $500,000 donation of “much needed items” to support relief efforts in St Vincent & the Grenadines caused by the Le Soufriere volcanic activity. The volcano erupted on Friday, a da...

A $1.9 million donation to the Bermuda College Foundation is among the highlights of the 2020 Corporate Social Responsibility Report released by Athene Holding Ltd. The donation by the Bermudian-based financial services company, announced in October,...

Elementum, an alternative investment manager specialising in risk-linked investments, with principal offices in Bermuda and Chicago, has announced a new hire and a promotion. John Drnek is joining as general counsel, Elementum (Bermuda) Ltd, this mon...

Bermuda is a hub for international business, which is one of the top contributors to our economy and a source of jobs to many residents of the island. To facilitate the activities of international business, numerous entities are incorporated or forme...

The leader of Bermudian-based Nordic American Tankers Ltd told the company’s shareholders and investors yesterday to expect rate increases for its ships. Herbjorn Hansson is the founder, chairman and chief executive officer of NAT. He was speaking fo...

A light-hearted April Fools’ Day video by Bermuda-incorporated data and software company Afiniti has brought smiles to the faces of many people. Featuring Bermuda scenes filmed by local crews, the promotional video explained the concept of Afiniti's ...

Law firm Appleby has announced a new partner and a counsel promotion in its Bermuda office. Hannah Tildesley, of the firm’s dispute resolutions team, has been promoted to partner – one of eight senior promotions made by Appleby across its Bermuda, Br...