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International Business

Two insurance firms to combine

Bermudian-based Maiden Holdings Ltd will combine with US-based Kestrel Group LLC
Bermudian-based Maiden Holdings Ltd will combine with US-based Kestrel Group LLC
  • Dec 30, 2024 3:40 PM
International Business

Harvard journal makes island poverty claim

Harvard International Review cites huge insurance industry and poverty in Bermuda
Harvard International Review cites huge insurance industry and poverty in Bermuda
  • Dec 30, 2024 8:00 AM
International Business

Tether invests in island-based emerging technology fund

Arcanum Emerging Technologies Fund II (Offshore) ISA is dedicated to nurturing the next generation of decentralised technologies
Arcanum Emerging Technologies Fund II (Offshore) ISA is dedicated to nurturing the next generation of decentralised technologies
  • Dec 29, 2024 3:00 PM
International Business

Nasdaq de-lists Altamira shares

Bermudian-based biotechnology company was found to be in breach of the exchange’s listing rules
Bermudian-based biotechnology company was found to be in breach of the exchange’s listing rules
  • Dec 26, 2024 5:00 PM
International Business

Wafra acquires Aquila platform

The New York-based global alternative asset manager has an office in Bermuda
The New York-based global alternative asset manager has an office in Bermuda
  • Dec 19, 2024 10:31 AM
International Business

Seadrill adds nearly $1bn to company’s order backlog

The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational
The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational
  • Dec 19, 2024 10:30 AM
International Business

Bermuda ranked third-quickest jurisdiction for companies

Result included in an annual report compiled by Mercator by Citco, an organisation that serves multinationals
Result included in an annual report compiled by Mercator by Citco, an organisation that serves multinationals
  • Dec 18, 2024 7:58 AM
International Business

Afiniti Ltd wound up in the Supreme Court

The joint provisional liquidators of the island-domiciled artificial intelligence firm will remain in office and now have unlimited powers
The joint provisional liquidators of the island-domiciled artificial intelligence firm will remain in office and now have unlimited powers
  • Dec 17, 2024 3:12 PM
International Business

Kennette Burgess honoured for her work in North Carolina

Bermudian businesswoman is the owner and chief executive of Focus Marketing and Development Solutions Inc
Bermudian businesswoman is the owner and chief executive of Focus Marketing and Development Solutions Inc
  • Dec 16, 2024 4:44 PM
International Business

Agency gives Bermudian firms excellent ratings

The ratings are for QBE Capital (Global) Ltd, (QBE Capital Global) (Bermuda) and its immediate parent, QBE Capital Ltd (QBE Capital) (Bermuda)
The ratings are for QBE Capital (Global) Ltd, (QBE Capital Global) (Bermuda) and its immediate parent, QBE Capital Ltd (QBE Capital) (Bermuda)
  • Dec 13, 2024 8:00 AM
International Business

Abic makes six appointments to board

The chairman Christian Dunleavy says the appointments speak to the deep bench of talent that can be drawn from in Bermuda’s international business sector
The chairman Christian Dunleavy says the appointments speak to the deep bench of talent that can be drawn from in Bermuda’s international business sector
  • Dec 12, 2024 1:56 PM
International Business

MetLife Inc and General Atlantic to launch Chariot Re in Bermuda

A new Bermudian-based reinsurance company, born from a collaboration between MetLife Inc and General Atlantic, is set to launch in the first half of 2025. The ...
A new Bermudian-based reinsurance company, born from a coll...
  • Dec 12, 2024 1:00 PM
International Business

Online game uses AI-powered characters

Bermuda company set to play on the history of Royal families
Bermuda company set to play on the history of Royal families
  • Dec 10, 2024 5:05 PM
International Business

Joint liquidators of Bittrex Global announce payout plan

A winding up order in respect of the failed digital asset platform was granted by the Supreme Court in March
A winding up order in respect of the failed digital asset platform was granted by the Supreme Court in March
  • Dec 10, 2024 3:41 PM
International Business

Owners of island firm agree $13.45bn business takeover

Arthur J Gallagher and Co, which owns Artex Risk Solutions Inc, has bought AssuredPartners
Arthur J Gallagher and Co, which owns Artex Risk Solutions Inc, has bought AssuredPartners
  • Dec 09, 2024 5:52 PM
International Business

Afiniti completes recapitalisation transaction

The artificial intelligence business completed the deal following court approvals in Bermuda and in the Chapter 15 proceeding in the United States
The artificial intelligence business completed the deal following court approvals in Bermuda and in the Chapter 15 proceeding in the United States
  • Dec 09, 2024 5:49 PM
International Business

BMA publishes UK sanctions involving New IRA

Warnings have been issued against any dealings with Britain’s Brian Sheridan
Warnings have been issued against any dealings with Britain’s Brian Sheridan
  • Dec 09, 2024 7:59 AM
International Business

CEOs bet on talent and AI to stem market turbulence

Even with pessimism about the future of the global economy, they feel they can help their companies succeed
Even with pessimism about the future of the global economy, they feel they can help their companies succeed
  • Dec 04, 2024 5:56 PM
International Business

Avance Gas completes fleet sale

Bermudian-based company engaged in the transportation of liquefied petroleum gas says it is to wind up operations
Bermudian-based company engaged in the transportation of liquefied petroleum gas says it is to wind up operations
  • Dec 03, 2024 4:00 PM
International Business

Golden Ocean Group reports Q3 net income of $56.3m

Bermudian-based company is the world’s largest listed owner of large-size dry bulk vessels
Bermudian-based company is the world’s largest listed owner of large-size dry bulk vessels
  • Dec 02, 2024 4:10 PM
International Business

APWC records net income of $900,000 at three-quarter mark

Bermudian-based holding company is a manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region
Bermudian-based holding company is a manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region
  • Dec 02, 2024 3:53 PM
International Business

Bermuda company behind royalty-themed video game

A beta version is expected to be available by January, with a commercialised product available by the end of 2025
A beta version is expected to be available by January, with a commercialised product available by the end of 2025
  • Nov 29, 2024 7:47 AM
International Business

Bermuda company backs aircraft purchases

Help from the MGA allows lessors and airlines to access more competitive and creative financing solutions
Help from the MGA allows lessors and airlines to access more competitive and creative financing solutions
  • Nov 21, 2024 12:44 PM
International Business

BSX chairman is honoured

Thomas Gallagher is named to the 2024 TabbForum 40 for the third consecutive year
Thomas Gallagher is named to the 2024 TabbForum 40 for the third consecutive year
  • Nov 20, 2024 3:38 PM
International Business

Offshore tax critics cloud JMC meetings

UK tax campaigners claim overseas territories and crown dependencies help crooks hide their dirty money
UK tax campaigners claim overseas territories and crown dependencies help crooks hide their dirty money
  • Nov 19, 2024 5:53 PM
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