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The redomiciliation of a major tanker company from Bermuda to Cyprus is effective. The company, which is engaged primarily in the ownership and operation of oil tankers and product tankers, was formerly named Frontline Ltd and based in Bermuda. Share...

Darag Group, the international legacy acquirer, has concluded a reinsurance agreement with a large US carrier. The transaction, written into Darag Bermuda, had a value at the reference date of approximately $15 million. Darag Bermuda will provide the...

A long-time member of the board of directors of Everest Re Group Ltd, the Bermudian-based global re/insurer, has died. The company said John Arthur Weber passed on December 25. “It has been an honour for me and my fellow directors to serve alongside ...

American Overseas Group Limited, the Bermudian-based holding company, has reported a consolidated net loss available to common shareholders of $0.4 million for the three months ended September 30. This compares to a consolidated net loss available to...

Your internet bill is going up. Monthly charges for its FibreWire internet plans will increase on February 1, One Communications has announced. The telecommunications company said the monthly price increases of $10 will be accompanied by an increase ...

One of Bermuda’s iconic tourism properties has been featured in a top 25 holiday traditions and spectacular displays list compiled by an international hotel organisation. Hamilton Princess & Beach Club - A Fairmont managed hotel, was included on the ...

Asia Pacific Wire & Cable Corporation Limited, the holding company incorporated in Bermuda, has reported net income attributable to APWC shareholders of $0.6 million for the first nine months of 2022. That compares to a net loss of $1.4 million for t...

Matthew Elderfield says cryptocurrency exchanges will be forced to prove their validity in the wake of the spectacular collapse of FTX

A wine-based investment group, based in Bermuda and England, has been accused of impropriety by an investor and appeared to be insolvent

Leading offshore drilling contractor, Seadrill Limited, will continue to be Bermuda domiciled after its impending take over of its former subsidiary, Aquadrill, the company has said. The deal is expected to substantially improve Seadrill’s cashflow g...