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AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Orion Reinsurance Ltd. The outlook of these credit ratings is stable. The ratings reflect Orion Re’s balance sh...

Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has reported net income of $16.6 million for the third quarter of the year. That compares with net income of $17.4 million in the prior-year third quarter. Hö...

Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022. Announcing preliminary una...

Butterfield has been recognised as the best private bank in Bermuda and the Cayman Islands by The Banker and PWM in the 14th annual Global Private Banking Awards 2022 — and also by Global Finance in their eighth annual World’s Best Private Banks 2023...

Daniel Woods has become a Member of the Royal Institution of Chartered Surveyors. He took a circuitous route to become RICS certified, but he thinks more young Bermudians should consider the prestigious qualification. There is certainly a need. After...

Everest Re Group Ltd has appointed global financial services veteran Hazel McNeilage as an independent, non-executive member of its board of directors. “Hazel’s extensive global business experience and exceptional leadership acumen make her a valuabl...

The Bermuda Economic Development Corporation is to host “Building Block One”, an introduction to business co-operatives workshop. Facilitated by Rebecca Savoie, an international co-op ecosystem and business developer, the workshop will provide attend...

Cool Company Ltd, the Bermudian-based liquefied natural gas carrier owner, has reported third-quarter operating income of $36.4 million and net income of $36.8 million. CoolCo achieved average daily time charter equivalent earnings of $73,200 per day...

The Bermuda Economic Development Corporation is to host a men-only event as part of its Global Entrepreneurship Week activities. Next Man Up, a panel discussion, will be held on Thursday from 5.30pm until 8pm at The Cloud. The event will be a space f...

Digicel Group has won the Social Contribution Award at the 2022 World Communication Awards in London. The award celebrates the service provider demonstrating the greatest positive impact on the market it seeks to address. Digicel’s award submission s...