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Flex LNG Ltd, the liquefied natural gas shipping company, has reported record net income of $69.4 million in the fourth quarter of 2021. That compares with net income of $32.8 million in last year’s third quarter and contributed to 2021 full-year net...

P&I Clubs will seek significant price improvements at the February 2022 renewal in response to deteriorating claims experience, said a Best’s Market Segment Report. The move comes after the costs of pooled claims were at a record high for the first h...

Bermuda Electric Light Company is accepting applications for a range of company scholarships that are available to Bermudian students. Belco said the scholarships would be awarded to prospective employees of the company who would attend school and re...

The Supreme Court will find out Wednesday afternoon just how sweet it is, the enhanced transaction terms offered by a unit of the Markel Group to buy out retrocessional reinsurance investment funds they are managing. The funds are already in run-off,...

Jean-Francois “Jeff” Bonnin has been appointed to the executive board of directors of SRT Marine Systems plc. He took on the role on February 3. SRT Marine Systems PLC is a global provider of next-generation integrated maritime domain and coastal su...

Laura Murphy is the third Bermudian doctor to join Somers Medical Services Ltd at Weldon House on Victoria Street. Owner and founder Joanna Sherratt-Wyer said: “We are thrilled to announce SMSL’s new ground-floor location, which provides greatly impr...

Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty re/insurance, announced today that New York-based Kimberly Iacocca has been promoted to senior vice-president and head of financial institutions for the...

Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $484.5 million for the 2021 fiscal year. The Bermudian-based company said that the figure includ...

Ardmore Shipping Corporation, the Bermudian-headquartered company that owns and operates product and chemical tankers, has reported a net loss of $38.1 million for fiscal year 2021. That compares with a net loss of $6 million in 2020. The company rep...

Bermudian-based Conduit Holdings Ltd has appointed Greg Roberts as group chief underwriting officer. Mr Roberts, whose appointment is subject to Bermuda immigration approval, takes over the role from Trevor Carvey, the group chief executive officer a...