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Athene Holding Ltd, the Bermudian-based financial services company, has agreed to sell $400 million of 6.650 per cent senior unsecured notes due 2033. The offering is due to close Monday, subject to satisfaction of customary closing conditions. Athen...

Competition and rising costs have put pressure on margins for the Bermuda Aviation Services Group, the company has reported. The owner of BASFM, Otis, Weir Enterprises and Eastbourne Properties Limited made this observation as the group posted six-mo...

Wasef Jabsheh, chairman and CEO of Bermudian-based International General Insurance Holdings Ltd, the international specialty risks commercial re/insurer, led IGI in ringing the closing bell at the Nasdaq MarketSite in Times Square, New York, tonight....

John M. Huff, the chief executive of the Association of Bermuda Insurers and Reinsurers, has been elected to chair the Global Federation of Insurance Associations’ Anti-Money Laundering and Counter Terrorism Financing Working Group. The GFIA’s 40 mem...

Digicel Business Bermuda has made donations to two local charities — Vision Bermuda and Open Airways. The company said the money was raised as a result of various fundraising activities that took place over the course of the recently concluded PGA To...

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...