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Following a period of rapid growth, global financial services provider Apex Group Ltd. has partnered with software company AlphaCentrix to bring data management solutions to its clients. The Bermuda company said AlphaCentrix software will ensure cons...

Credit Suisse Life (Bermuda), a division of the banking giant Credit Suisse, has had an application before the Supreme Court rejected by Chief Justice Narinder Hargun. CS Life wanted a $607.35 million judgment against them to be paid from accounts se...

A Hong Kong Chamber of Commerce webinar on Bermuda provided its online delegates with insight into the island’s international business platform. The Hong Kong-based audience of legal and financial sector professionals were told about Bermuda’s unique...

Nabors Industries Ltd, the Bermudian-based energy driller, has invested $7 million in Natron Energy Inc, a global leader in the manufacturing of sodium-ion batteries. Natron plans to use the funds to accelerate the production of its sodium-based batt...

The Association of Bermuda Insurers and Reinsurers member companies are hosting a record 91 paid interns in their Bermuda offices. And to add value, Abir is facilitating an Intern working group for networking and other industry learning opportunities...

American fossil fuel production is expected to soar in 2022 amid high oil and gas prices, a new report has warned. The US government wants oil and gas producers to increase production of the very same fossil fuels that energy transition plans seek to...

AM Best has affirmed the long-term issuer credit ratings of “bbb-” (Good) of Bermudian-based R&Q Insurance Holdings Ltd. Concurrently, AM Best has removed from under review with negative implications and affirmed the financial strength ratings of A- ...

A Bill seeking to update definitions and correct fee structures incorrectly stated in the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly. The Bermuda Monetary Authority Amendment (No 2) Act 2022 seeks to amend the act to upd...

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be recognised in 2022, according to a filing with the B...

Lawyers from Appleby’s Bermuda, Cayman Islands and Jersey private client and trusts practices have received high rankings in the recently released 2022 High Net Worth Guide by Chambers Global. Sources highlighted the firm’s abilities to deal with com...