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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...

For the seventh year in a row, Conyers has received the ranking of Band 1 for its offshore trusts practice in Bermuda in Chambers High Net Worth 2022. Conyers is described in the current guide as “respected by sources for its ability to advise on hi...

Carey Olsen Bermuda Limited has again been ranked as a Band 1 firm for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide, according to a statement from the company. The firm also said that ...

A global leader in corporate and fiduciary services, fund administration and capital markets that is based in Bermuda has been recognised for its significant impact in the private client sector. Ocorian was named 2022 Private Client Trust Company of ...