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Chris Weber has commenced his role as senior vice-president and chief financial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Weber, who was appointed in May, previously served as chief financial officer of Lu...

Kiniksa Pharmaceuticals Ltd, the Bermudian-based biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss of $20 million in the second quarter. That compar...

Seven participants in the fifth annual Summer Student Entrepreneur Programme presented by the Bermuda Economic Development Corporation have introduced their businesses to the community with a meet and greet on the lawn of City Hall in Hamilton. The B...

Mosaic Insurance has launched a podcast series exploring the impact fast-changing risks are having on people, businesses and global economies. The Mosaic Moment series offers informed insights on economic and geopolitical themes affecting the commerc...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has acquired Southern Cross, an insurance management services provider based in South Africa. Terry Petyt, the founder and CEO of Southern Cross, joins...

International General Insurance Holdings Ltd has signed a non-binding letter of intent to acquire Energy Insurance Oslo AS, a Norwegian managing general agency. The Bermudian company said the proposed transaction includes the acquisition of 100 per c...

James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported second-quarter net income available to common shareholders of $5 million. That compares with net income of $20.8 million for the second quarter of 2021. Adju...

Valaris Limited has reported net income of $113 million in the second quarter compared to a net loss of $40 million in the first quarter of the year. The Bermudian-based offshore drilling services company said revenues increased to $413 million from ...

Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $78.6 million for the second quarter. That compares with $72.7 million for the first quarter of 2022. The averag...

RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business with an office in Bermuda, has announced that Mike Cain has joined the company as group head of legal and company secretary. The company said Mr Cain i...