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No country in the G20 is decarbonising quickly enough to maintain a safe climate, according to new analysis by professional services firm PwC. This year’s Net Zero Economy Index shows progress on decarbonisation is falling alarmingly short of what is...

The golden arches have returned to Bermuda – but this time as an insurance entity rather than a place to buy a happy meal. Fast food giant McDonald’s has moved its global insurance operation to the island, reports The Irish Independent newspaper. Gol...

After languishing on a register of shame instituted by European governments, Bermuda appears set to be “white-listed” by the European Union. It is the ultimate answer to any suggestion that Bermuda is a tax haven. In effect, it declares that Bermuda ...

Matt Lyne has commenced his role as senior vice-president and chief commercial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Lyne, who was appointed in May, previously served as chief commercial and strategy o...

The Association of Bermuda International Companies has appointed Wayne Smith to be the organisation’s next executive director. Mr Smith, whose career has spanned the public and private sectors, will join Abic in October. During a three-month transiti...

White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has announced the final results of its "modified Dutch auction" tender offer. Based on the final count by the depositary for the tender offer, the compan...

Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has announced the completion of its previously announced acquisition by Höegh LNG Holdings Ltd. Höegh LNG acquired all of the outstanding common units of the ...

Elementum, the US-based alternative investment manager with an affiliated operation in Bermuda, has announced that Douglas Duncan has joined its senior team in the firm's Chicago headquarters as chief technology officer. In his role, Mr Duncan is res...

Apex Group Ltd, the Bermudian-based global financial services provider, has expanded its ESG offering with the launch of a new Impact Positive Solution for investors and companies seeking to measure and drive positive change. Apex said Impact Positi...

Arbitrade co-founder Troy Hogg has filed a complaint in the Supreme Court of the State of New York against 13 defendants seeking damages in the tens of millions of dollars. Joining Ontario resident Mr Hogg as plaintiffs in the wide-ranging action are...