Business

An assessment of beneficial ownership registers in British Overseas Territories published by Transparency International UK, pinpoints Bermuda amid claims that most major offshore financial centres hav…

The RG/BSX Index finished at 3,020.99, up 41.97 points or 1.41 per cent.
Only Butterfield Bank saw activity on the Bermuda Stock Exchange with 519 shares changing hands to close at $45.75 up 75 cents …

The Judicial Committee of the Privy Council has tossed out an appeal by UBS/Credit Suisse and upheld a 2022 Bermudian court ruling ordering the bank to pay $607 million in compensation to former Georg…

Most law enforcement is no match for the power of cybercriminals using blockchain, an investigative journalist has warned
At the moment, it is just too easy for scammers to quickly move money anonymou…

To celebrate a year in business, the owners of intravenous vitamin infusion business The Dripbar are offering free shots throughout Black Friday — B-12 shots, that is.

The Dripbar offers full-body…

Bermuda resident Gladys Nanud hopes to tap into the estimated $91 billion Korean beauty industry.
Ms Nanud has just opened Fresh Aura Bda, selling Korean creams, toners and sera from brands such as Ai…

At the Southwest Ideas Conference in Dallas, Waleed Jabsheh, president and chief executive of International General Insurance Holdings Ltd, reflected on the speciality insurer’s two-decade climb from …

The Judicial Committee of the Privy Council has tossed out an appeal by UBS/Credit Suisse and upheld a 2022 Bermudian court ruling ordering the bank to pay $607 million in compensation to former Georg…

The House of Assembly has agreed to a bill ending the use of bearer shares.
The concern has been that the financial instruments have been used by criminals for tax evasion and money laundering.
Those…

A local economist has highlighted the convergent implications of Bermuda’s shrinking and ageing population, the housing shortage, the growth of international business and the technology advances in ar…

Immigration is central to Bermuda’s need to prosper through economic and job growth, the island’s business community has been told.
In the interim, Bermudians are flourishing in international business…

Amazon is cracking down on illegal streaming, blocking pirated apps directly on the device, even including side-loaded apps from outside the AppStore, digitaltrends is reporting.
It has been estimated…

The Association of Bermuda International Companies reflected on a year of intensive policy work, expanded outreach and major educational investment during its annual meeting on Friday at Axa XL.
The o…

The Bermudian captives of the world’s largest offshore drilling company and a premier oilfield services provider have maintained excellent credit ratings with AM Best.
The ratings agency affirmed the …

The Regulatory Authority has moved to clear a major roadblock for companies looking to install large solar systems, issuing an interim decision that finally sets out how much firms can earn for sendin…

Several trees and bushes were engulfed in a fire that broke out near the Mid Ocean Club yesterday causing damage to utility lines.
Bermuda Fire and Rescue Service has launched an investigation into th…

Medical masseuse Ana Javier is unnerved by the steady flow of cancer patients through her door.
In the last year, the owner of AJ Serenity on Berry Hill Road, Paget, has provided medical and lymphati…

Parliament is set to consider clean-up legislation against the use of bearer shares and nominee directorships, removing legislative anomalies and implementing stronger controls.
The Government is expe…

The Bermuda Monetary Authority has launched a sweeping review of how real-world assets should be tokenised and regulated on the island.
In a discussion paper published on November 5, the authority sai…

Bermuda’s insurance and reinsurance sector continues to attract record levels of private capital, supported by a regulatory framework and governance culture that executives said distinguished the isla…

Bermuda’s own Bacardi Ltd is predicting a sea change in global drinking culture next year, and according to its new 2026 Cocktail Trends Report, the future looks bright, early and a little bit theatri…

Karen Clark & Company has released the KCC US Winter Storm Model Version 3.0, after company scientists and engineers analysed and incorporated the latest scientific information to further refine t…

Elias Habayeb has been appointed executive vice-president and group chief financial officer of Everest Group, effective on or about May 1, 2026.
Mr Habayeb will report to Jim Williamson, Everest’s pre…

A former professional American football player and professional rugby player, who later became a top executive with Enstar, has been appointed to head United Risk Global, the international property an…

A new court filing in the Vesttoo bankruptcy case has placed Bermuda squarely back at the centre of the alleged $1 billion reinsurance fraud, this time accusing Aon’s Bermuda insurance-management arm …

A former professional American football player and professional rugby player, who later became a top executive with Enstar has been named to head United Risk Global, the international property and cas…

Polaris Holding has reported a 59.3 per cent dip in profits for the six months ending September 30, 2025.
The firm is parent company to operating subsidiaries Stevedoring Services, Surface Experts and…

Tabs Bermuda founder Rebecca Singleton has released Isla Botanica, a new luxury home-fragrance and body-care brand.
Ms Singleton’s aim is to elevate everyday wellbeing through natural, island-inspired…

The Bermuda Business Development Agency is hosting “A London Forum: The Bermuda Advantage” Thursday November 27 at the Mayfair Hotel.
The BDA said they will engage with UK business leaders on how Berm…

Conyers won a silver award in the Best Employer — Career Progression category at the Citywealth Future Leaders Awards.
The firm said it was in recognition of the support, guidance and encouragement th…

Bermudian Gayneté Jones released her first environmentally friendly period product on home ground in Hamilton.
Four years later, her Best Periodt menstrual cups are available not only in Bermuda, but…

Executives of the Florida homeowners insurer, Mangrove Property Insurance Co, are on the island this week to talk to the Bermuda reinsurance community about the way forward as the state rebounds from …

Specialty insurer and reinsurer SiriusPoint has appointed Maria Tarhanidis its new chief investment officer, effective December 2.
Based in New York, Ms Tarhanidis will join the senior leadership team…

At the Hamilton Princess & Beach Club on Monday night, nine Bermudian founders — some barely out of high school, others deep into second careers — stood under the lights with ideas they believed c…

A controversial American antivaxxer is on the agenda for Greenrock’s upcoming sustainability event.
Rizza Islam will be one of the international speakers at Greenrock’s Living Green Expo on Sunday at…

Gold Reserve Ltd has appointed James Michael Johnston, a longtime director, as chairman of its board, following the departure of Robert Cohen after many years in the role.
The decision was approved du…

Ocean Wilsons Holdings reported a stronger third quarter on Tuesday, driven by a 4.9 per cent investment portfolio gain that pushed year-to-date performance into double-digit territory.
The Bermudian-…

A Warwick woman told of her shock after two opportunistic thieves made off with jewellery from her home while her teenage daughter was inside the residence.
The woman, who asked not to be identified, …

Kyle Tucker, a Bermudian private-equity entrepreneur, has been named one of PE Hub’s “Dealmakers to Watch”, recognising his unconventional path from Wall Street to his family’s goat farm in Bermuda.

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As the world’s financial landscape evolves, Bermuda is taking steps to ensure its digital asset sector stays ahead of international anti-money-laundering standards.
In advance of a critical mutual e…

A United States federal judge in Delaware has swept away an attempt to remove him and the court-appointed special master overseeing the sale of Petroleos de Venezuela Holdings, the parent company of C…

Everest Group, Ltd has appointed Gary Haase as executive vice-president and CEO of legacy operations, effective December 1. He will report to Jim Williamson, Everest’s president and CEO, and will join…

Bermuda Motors was recognised as a Built to Last honouree by Bermuda College, thanks to its “valued partnership and meaningful contributions” towards advancing technical education at the college, acco…

CPA Bermuda will host a series of information sessions, networking events and advising clinics next week as it welcomes representatives from the CPA Atlantic School of Business to the island.
The visi…

BermudAir has unveiled an expanded 2026 summer schedule, offering as many as three dozen flights weekly from a record 11 North American gateways.
BermudAir’s statement said: “This marks another proud…

The Bermuda Economic Development Corporation will launch Global Entrepreneurship Week Bermuda 2025 with a community giveaway at its Church Street headquarters tomorrow morning.
The drop-in event, run…

When Triangle Life set out five years ago to build a new life insurance business from its base in Bermuda, it had one vision: to serve high-net-worth clients with focus and agility. Now, having opened…

When it comes to artificial intelligence liability, there are still so many unknowns, a Gallagher Re executive said during a panel at the PwC Insurance Summit on Wednesday.
Freddie Scarratt, insurtech…

In the global insurance sector, progress on diversity, equity and inclusion is anything but uniform, but one career consultant thinks Bermuda is a “great experiment” in building diverse talent and mor…

Imagine living with your partner for more than a decade, only to discover that under Bermuda law, you have no automatic right to their estate if they die without a will.
That is because couples who ha…