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Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has reported a net loss of $13.9 million in the first quarter. That compares with a loss of $39.8 million in the fourth quarter of 2021, and a loss of $21.4 mi...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Nissan Global Reinsurance Ltd, the captive insurer for the automobile manufacturing giant. The outlook of...

Bermudian-based SFL Corporation Ltd, the ship-owning company, has reported a net profit of $47 million in the first quarter. Other preliminary results include operating revenue of approximately $152.4 million. The company said it had received charter...

Continuing a tradition of collaborating with Bermudian artists, local clothing designer Tabs has partnered with Shanna Hollis on their newest release of swimwear called Gotta' Go Town, with a percentage of sales going towards art bursaries for Kaleid...

Bermudian-based Conduit Holdings Limited, the parent company of Class 4 reinsurer Conduit Re, reported impressive premium growth as it delivered its first quarter trading update. Analysts said that after a $42 million-loss for 2021, but no debt on it...

Bermudian-based BF&M Limited has appointed Bruce Walker as EVP, group chief financial officer of the BF&M Group. Mr Walker has more than 25 years of extensive risk and capital management experience. He was a former CFO and transformational leader at ...

Flex LNG Ltd, the Bermudian-based liquefied natural gas shipping company, has reported net income of $55.8 million for the first quarter compared with net income of $69.4 million for the fourth quarter of 2021. Vessel operating revenue was $74.6 mill...

Bermuda Business Development Agency’s New York City executive forum is today at One Liberty Plaza. The Bermuda Executive Forum activities at Convene, in the heart of the city’s financial district, began with a blue-chip breakout session entitled ‘Cli...

Maiden Holdings Ltd, the Bermudian-based holding company, has reported first quarter net income available to common shareholders of $1.6 million compared with net income of $71.7 million in the first quarter of 2021. The company said that the most si...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, announced that it is involved in the autonomous vehicle technology through a strategic partnership with the insurtech managing general agent Avinew. Avinew, which was set up i...