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A lawsuit in Florida alleging fraud in relation to CATCo and its former CEO Tony Belisle has been stayed, as the American court awaits Bermuda Supreme Court decisions on the insolvency and winding down of Markel CATCo retrocessional reinsurance funds...

Bittrex Global, the digital asset exchange based in Bermuda, has appointed Paul Grier as chief marketing officer. Mr Grier’s term began on January 1. The company said he has more than two decades of strategic marketing and communications experience. ...

Bermudian-based offshore drilling company Valaris Limited has been awarded four contracts for work in the Gulf of Mexico, offshore Australia and the North Sea. A one-well contract with Kosmos Energy in the US Gulf of Mexico for semi-submersible Valar...

Bermudian-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have completed their previously announced merger. The combined entity will operate as Apollo Global Management Inc, a high-growth alternative asset manager wit...

Bermuda is one of six “low tax” jurisdictions with companies working on ten Covid-19 pharmaceuticals. Bermuda-headquartered Kiniksa Pharmaceuticals is developing the biologic mavrilimumab for Covid-19 and other indications. Two stem cell therapies fr...

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed contracts with Aramco for the same periods as the barebo...

Bermuda-registered Altamira Therapeutics Ltd has been setting up contracts with wholesalers in its lead market, Germany, covering more than 50 per cent of German pharmacies, as it begins its European rollout of Bentrio™, its nasal spray for protectio...

National Security Agency/Central Security Service – December 22 – WASHINGTON – The Cybersecurity and Infrastructure Security Agency (CISA), along with the Federal Bureau of Investigation (FBI), National Security Agency (NSA), Australian Cyber Securit...

Bermudian-based Athene Holding Ltd, the financial services company focused on retirement savings solutions, has entered into a definitive agreement to acquire Petros PACE Finance, LLC. Petros PACE Finance is a provider of commercial property assessed...

Bermuda’s efforts to prove its reliability in global efforts to counter money laundering and terrorism financing, face another crucial test in the new year. But government revealed today that the island has assumed the chair of the Caribbean Financia...