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Just 14 per cent of Bermuda reinsurers and Insurance Linked Securities funds surveyed have a developed approach to ESG — environment, social and governance — risks, according to a new study. And the report commissioned by the Bermuda Business Develo...

Senior banker Stuart Kirk, suspended by employers HSBC for his comments about climate risk, has been pulled from the panel line-up at the inaugural Bermuda Climate Summit. Mr Kirk, global head of responsible investments and global head of research an...

Nayms has graduated from the Bermuda Monetary Authority’s regulatory sandbox to become the world’s first, fully regulated crypto-native insurance marketplace, the Bermuda Business Development Agency announced. The BDA said Nayms bridges legacy insura...

The “regulatory sandbox” used by Bermuda’s financial services supervisors is proving to be a hit in the fintech industry. There are currently 14 companies with such licenses, including four with test licenses, according to Jason Hayward, the Minister...

Bermuda Business Development Agency’s New York City executive forum is today at One Liberty Plaza. The Bermuda Executive Forum activities at Convene, in the heart of the city’s financial district, began with a blue-chip breakout session entitled ‘Cli...

The Bermuda Business Development Agency’s first Bermuda Climate Summit, on May 23 and 24, is being presented in partnership with the Association of Bermuda Insurers and Reinsurers and the ratings agency KBRA. Climate thought leaders have already pack...

The Bermuda Business Development Agency is to travel to New York City next month for its first executive forum in more than two years - a half-day event with senior decision makers. The BDA said its activities on May 11 at Convene, One Liberty Plaza,...

The Bermuda Business Development Agency has launched a new climate risk finance hub and an environmental, social, and governance webpage detailing the island’s commitment to blending business-friendly practices with policies for a sustainable future....

Economic investment opportunities created by the Bermuda Business Development Agency in 2021 included 13 economic investment certificate applications approved for a total investment of $236 million, the organisation reported today. That was among the...

Bermuda has built the ideal environment for insurtech start-ups, the chief executive officer of Bermudian-based Kettle told attendees at the Bermuda Risk Summit 2022. Kettle spent time in the Bermuda Monetary Authority’s insurtech sandbox before grad...

The sold-out Bermuda Risk Summit 2022 was an “immense success”, the Bermuda Business Development Agency declared today. The three-day event, presented by the BDA, attracted more than 80 overseas delegates to the Hamilton Princess and Beach Club. The ...

David Burt says the proposed minimum global corporate tax rate could affect Bermuda more than other international financial centres