Clarien Bank Donates $160K To Charities

Clarien Bank announced its 2026 corporate giving has exceeded $160,000, supporting a wide range of charitable organisations across the island through continued community investment. A spokesperson said, “Clarien Bank announced today its corporate giving for the year 2026, with donations surpassing $160,000 to a diverse group of charitable organisations. This year’s initiative reflects Clarien’s continued …
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HSBC Provides Update On Visa, PayPal & More

HSBC Bermuda provided an update following the recent interruptions to some services based on the implementation of additional security controls. A spokesperson said, “With the increase in global payment transparency requirements, it is necessary for HSBC to be able to screen both the payer and the payee as it pertains to cross-border transactions.” Tanya Bule, Head …
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AM Best Affirms ‘A’ Ratings For Coralisle Group

AM Best has affirmed the Financial Strength Rating of ‘A’ [Excellent] for Bermuda based Coralisle Group Ltd.’s life, health and property and casualty subsidiaries across Bermuda and the Caribbean. A spokesperson said, “Best also affirmed the Long-Term Issuer Credit Ratings of ‘a’ [Excellent] and ‘stable’ credit outlooks for the Group’s subsidiaries. “The ratings affirmations reflect …
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Fidelis Partnership Expands Capital Solutions

The Fidelis Partnership has launched Mezura Capital Partners, a new Capital Solutions business based in Bermuda and led by Shireen Gammoh. A spokesperson said, “Pine Walk, the specialist MGA platform of The Fidelis Partnership [TFP], is pleased to announce the launch of Mezura Capital Partners [Mezura Capital], a new Capital Solutions business. “Headquartered in Bermuda, …
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Auto Solutions Recognized For Growth Success

Auto Solutions, Hyundai’s distributor in Bermuda, has been awarded for the highest sales growth in its category at the brand’s annual convention. A spokesperson said, “Hyundai Motor Central & South America celebrated in March in Panama its “Annual Convention”, gathering the distributors of the region to present updated information on the brand’s operation and to …
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ILS Bermuda Appoints New Leadership For 2026

ILS Bermuda has confirmed that its flagship Convergence event will return from 12–14 October 2026 with new leadership appointments now in place. A spokesperson said, “ILS Bermuda has confirmed that its flagship Convergence event will return from 12–14 October 2026, convening global leaders from across insurance, reinsurance, capital markets and the insurance-linked securities ecosystem for …
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English Requirements Updated For Work Permits

The Department of Immigration is “advising of further updates to the English Language proficiency requirements for work permit holders whose first language is not English and who do not hold a degree from an English-instruction university or college.” A spokesperson said, “The requirement for work permit holders to demonstrate English proficiency is outlined in Section …
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AM Best Revises Canopius’ Ratings

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Canopius US Insurance, Inc. [Canopius US] [Wilmington, DE] and Canopius Reinsurance Limited [Canopius Re] [Bermuda]. Both entities are wholly owned subsidiaries of Canopius Group Limited [Canopius] …
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AM Best Affirms Fidelis Insurance Ratings

AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] of Fidelis Insurance Bermuda Limited [Bermuda], Fidelis Underwriting Limited [United Kingdom] and Fidelis Insurance Ireland Designated Activity Company [Ireland]. In addition, AM Best has affirmed the Long-Term ICR of “bbb” [Good] of Fidelis …
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Appleby Bermuda Promotes Six Lawyers

Appleby Bermuda has announced the promotion of Cathryn Minors to Partner, Katie Blundy, Arielle DeSilva and Hailee Forde to Counsel, and Larissa Dziubenko and Ryan Taylor to Senior Associate, recognising their contributions and professional growth within the firm. A spokesperson said, “Appleby is delighted to announce the promotion of six lawyers, recognising progression across Partner, …
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