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There was no shortage of views on the war during the Bermuda Risk Summit. Some delegates considered that a short period of hostilities would limit its effect on the insurance industry but the longer the war lasts, the more issues it will impact. Glob...

Outdated war exclusion policies in the insurance industry could result in billions in losses in the event of a major cyber attack. That was the opinion of industry experts in Bridging the Cyber Coverage Gap, a panel held during the third day of the B...

Western officials worry openly that there are no clear off-ramps to end Russia’s invasion of Ukraine. With a protracted and even deadlier war looking ever more likely, will Russians tolerate the invasion’s increasing costs? Or will Vladimir Putin, a ...

Russia has re-registered Bermudian-registered airliners in an attempt to avoid sanctions imposed after the country invaded Ukraine. But the Bermuda Civil Aviation Authority said the Russian move broke international law because aircraft cannot not be...

Bermuda’s re/insurance industry rises to the occasion during uncertain times, says Axis chief executive officer Albert Benchimol

Bermuda-registered aircraft leased to Russian airlines have had their airworthiness certificates suspended as the invasion of Ukraine continues. In an official statement, the Bermuda Civil Aviation Authority (BCAA) said the conflict had made a “signi...

Bermudian-based Signet Jewelers Limited has announced that the Signet Love Inspires Foundation will donate $1 million to the Red Cross Ukraine humanitarian relief efforts, through its global network. Signet, the world’s largest retailer of diamond je...

Brave journalists from around the world putting their lives at risk in an age of modern communication technology, armed with cameras and microphones, were able to convey first-hand the horrors of war when Russia launched an attack on Ukraine, a peace...

An appeal to raise funds for Ukrainians has passed its $100,000 target. Ann Spencer-Arscott, the executive director of the Bermuda Red Cross, said that donations totalled $130,000. She added: “We are so grateful to the community for their generosity ...

Lawyer Wendell Hollis has resigned as a director of Russian vodka maker Roust Trading in protest over Russia’s invasion of Ukraine

The impact of economic sanctions on the rouble will prompt other countries to speed up their adoption of a digital currency

London accusing OTs of being tax havens while accepting money from Russian oligarchs reeks of hypocrisy