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Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based re/insurer Ocil Specialty Ltd. The outlook of these credit ratings is stable. The rating...

Carey Olsen Bermuda Limited has advised Caribbean Investment Holdings Limited with regard to the Bermuda aspects of its delisting from the AIM market of the London Stock Exchange and its simultaneous change in Bermuda Stock Exchange listing status fr...

Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated approximately 5 per cent of the common shares of Valaris Limited. Valaris, the Bermudian-based offsho...

Board members of Bermudian-based Nordic American Tankers Ltd, the oil tanker company, have increased their share ownership in the firm. NAT said board member Alexander Hansson, who is the son of the company’s founder, chairman and CEO, Herbjorn Hanss...

A foundational insurance course offered earlier this year has proven so popular that it will return for a second year in the spring semester 2022. The Association of Bermuda Insurers and Reinsurers (Abir) said that the course was offered in partnersh...

One year old Conduit Reinsurance Limited will require time to demonstrate and secure its competitive position in the international reinsurance market, according to an AM Best analysis that provided the new reinsurer with excellent ratings. The agency...

The Royal Gazette columnist and chartered financial analyst Bryan Dooley has been named chief investment officer of the LOM Financial Group. The general manager and head of portfolio management for LOM Asset Management Limited for more than 14 ye...

Ryan Parris and Alyssa Cardoso, of the professional services firm KPMG in Bermuda, have successfully completed their Chartered Professional Accountant (CPA) Canada accounting exams. The firm said Mr Parris joined KPMG in Bermuda’s audit department i...

The Bermuda Business Development Agency BDA) promoted the island’s strengths and aspirations to develop and grow a new Climate Risk Finance economic pillar during the latest CRF roadshow in New York City last week. Across four days, from November 29 ...

Bermudian-based Valaris Limited, the offshore drilling services company, has appointed Anton Dibowitz as president and chief executive officer. Mr Dibowitz, who has been serving as interim president and chief executive officer of Valaris since Septem...