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Bermudian-based Nabors Industries Ltd has added to its clean energy portfolio with an $8 million investment in GA Drilling, the geothermal technology company with headquarters in Bratislava, Slovakia. The company said this strategic investment expand...

Centaur Group, the Irish-headquartered global fund administration and fiduciary services provider with an office in Bermuda, is to become part of Waystone Group, an institutional provider of services to the asset management industry. The deal is subj...

Global Cloud Xchange, the Bermudian-based submarine cable network owner/operator, has expanded its partnership with digital infrastructure company Equinix. GCX said the deal provides its customers with enhanced route diversity and availability of its...

Apex Group Ltd, the Bermudian-based global financial services provider, in partnership with the Digital Leadership Forum, has announced the launch of the Financial Services Disruptor Forum powered by Apex Group. Conceptualised and driven by Apex Grou...

Financial services veteran Jenny Chu’s appointment to the board of directors of Bermudian-based Nordic American Tankers Limited, comes at the same time Dallas-based Doug Penick will be leaving to focus his attention on other business, the company sai...

KPMG in Bermuda has sold its restructuring practice to Teneo, the New York-headquartered global CEO advisory firm. As part of the transaction, Mike Morrison and Charles Thresh will be leaving the firm to join Teneo, along with the restructuring team,...

BF&M Limited is reporting net income of $25.2 million for the 2021 financial year to December 31, an improvement on 2020 earnings of $20.5 million. The company said the results equated to an annualised return on equity of 8.3 per cent compared with 7...

Bermudian-based Oil Insurance Limited has reported a net profit of $667.5 million for 2021, which included a $266 million underwriting profit. That compares with a net profit of $466.5 million in 2020. The Oil board has approved the payment of a $350...

Pearline McIntosh has been appointed to the position of SVP, head of private banking, at Clarien Bank. She will be responsible for the day-to-day management of the private banking team within Clarien’s wealth management group. Mrs McIntosh has signif...

Twelve Allied World Bermuda employees were recently promoted in recognition of their many contributions to the organisation. “It is great to see each of these individuals recognised for their hard work supporting our Bermuda platform and Allied Worl...