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HSCM Bermuda has increased its investment in Branch Insurance, which has closed a $50 million Series B fundraise to fuel its national and partner channel expansion. Branch said the round was led by Anthemis Group with participation from Acrew, Cherry...

A Bermudian-based outfit is among the contributors to a $100 million round of funding by Embroker, the digital business insurance platform. San Francisco-based Embroker said the Series C funding round was led by FTV Capital with additional investment...

A solar farm set up at the airport could be bought by the Bermuda Infrastructure Fund (BIF) for $9.1 million later this month, MPs heard on Friday. Curtis Dickinson, the Minister of Finance, told the House of Assembly the BIF, set up by the internati...

Warwick Academy has won the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, finished with an imaginary portfolio of stocks worth $123,290.67. All 20 senior school teams who took pa...

Warwick Academy has maintained its lead in the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, held on to the top spot for a second consecutive month. As of March 31, Flirtingwithm...

The Bermuda Business Development Agency said it is in discussions with several people about the recently launched Economic Investment Certificate initiative. The programme, which opened on March 1, allows foreign nationals to reside in Bermuda fo...

Sid Sankaran, chief executive officer and chairman of Bermudian-based international specialty insurance and reinsurance outfit SiriusPoint Ltd, rang the opening bell of the New York Stock Exchange today at 10.30am Bermuda time. The company said the e...

PartnerRe Ltd has raised $200 million through the issue of eight million 4.875 per cent preferred shares. The Bermudian-based re/insurer said 4.875 per cent fixed rate non-cumulative redeemable preferred shares, Series J have a liquidation value of ...

TC-1, a team from Chatmore British International School, has forged ahead in the KPMG Senior School Investment Challenge. As of January 29, TC-1 had grown its initial $100,000 imaginary portfolio by more than a quarter, to a total of $125,118. In doi...

Bermuda participants are welcome to join a webinar tomorrow that looks at investment opportunities and challenges in medical technology. The event is hosted by BITE Investments and VCP Advisors. Attendees will hear from William Rudebeck, chief execut...

It has been more than a year since we last visited the question of annoying financial clichés. I recently asked the Twitterati their least favourite finance phrases, and I was shocked at the overwhelming response. Why does this matter? Useless financ...

Given the turbulent economic times in which Bermuda finds itself because of Covid-19, it is time for the Government to examine establishing a national investment fund to help insulate the economy from economic shocks and, at the same time, help to po...