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Sue Couper has been appointed the new general manager of LOM Asset Management Limited. This is her second tenure with LOM, having spent five years previously with the company as managing director for LOM Financial (Bermuda) Limited. Ms Couper has nea...

Bermudian-based Axis Capital Holdings Limited has launched a portfolio underwriting unit which targets multi-class portfolio business that is placed in the London specialty insurance market. Axis said the portfolio team is now actively underwriting p...

Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $7.9 million for the first quarter of 2022. That compares to a net loss of $8.5 million in the first quarter last y...

Bermudian-headquartered Kiniksa Pharmaceuticals Ltd, a biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss for the first quarter of $25.2 million. Tha...

Bermuda expects to be be taken off an international taxation grey list by October after being assured it is now fully compliant with its requirements. The finance ministry announced today that the Organisation for Economic Co-operation and Developmen...

The Bermuda Business Development Agency’s first Bermuda Climate Summit, on May 23 and 24, is being presented in partnership with the Association of Bermuda Insurers and Reinsurers and the ratings agency KBRA. Climate thought leaders have already pack...

There is no shortage of start-up media and marketing companies in Bermuda. Many are small, boutique operations that try to succeed on small client lists. But few start-ups can show they can wow clients here and abroad with proof of concept. Maroo...

The last month of the KPMG 17th Annual Senior School Investment Challenge finds the BHS team Business of Babylon strongly at the top of the leaderboard, after earlier leaders (DollaBillz2024 from Bermuda Institute) suffered a tumble in the past two m...

Michael Schrum has been promoted to president and group chief risk officer at Butterfield Bank. The bank also announced that Craig Bridgewater has been promoted to group chief financial officer and joins the bank’s executive committee. Mr Schrum, who...

Apex Group Ltd, the global financial services provider based in Bermuda, has closed the acquisition of New Zealand-based MMC Group. MMC is the country’s leading provider of investment administration services, Apex said, and includes the wholly owned ...