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American Overseas Group Ltd has reported consolidated net income of $1 million, or $20.81 per diluted share, for the three months ended March 31. This compares to net loss of $800,000, or $17.97 per share, for the same period a year ago. The Bermudia...

The Bermuda Stock Exchange is to join the Pyth Network, a decentralised financial market data distribution platform. The BSX said it has subscribed to and will receive real-time market data from the MIAX Pearl Equities Exchange and plans to provide m...

BMS Re, the independent reinsurance broker, has appointed Shruti Sem as executive vice-president in the origination team at BMS Re, effective immediately. Based in Philadelphia, Ms Sem will report to Jeff Irvan, chief property officer of BMS Re in th...

TAI, a provider of reinsurance administration software and services with clients in Bermuda, has launched TAI Treaty. The company describes the new product as “a revolutionary digital solution for treaty management”. It said TAI Treaty leverages Sort...

Borr Drilling Ltd has confirmed its intention to cure a non-compliance notice from the New York Stock Exchange. The Bermudian-based oilfield services company said it has received written notice from the NYSE that the company is not in compliance with...

Aspen Re has made several key appointments to its leadership team. Beatrice Morley has been appointed Aspen Re head of AsiaPac, in addition to her current role of global head of casualty. She will continue to be based in the company’s Singapore offic...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a 200-day extension to its bareboat charter agreement with ARO Drilling. The company said the agreement is for Valaris JU-250 (Bob Palmer), a heavy-duty ultra-harsh ...

A Bermudian company that is focused on selling locally grown foods is asking residents to think about the environmental impact of purchasing fresh produce that is shipped in from overseas. Honest Greens Bermuda said buying locally grown food supports...

Acrisure, the global insurance broker with a reinsurance operation in Bermuda, has appointed Grahame Millwater in the new role of head of global insurance. The appointment is effective immediately. The company said it is putting in place the operatio...

CoreLogic, a global property information, analytics and data-enabled solutions provider, has announced an extended collaboration with Bermudian-based Xceedance. Under this expanded arrangement, CoreLogic said re/insurers and brokers will now gain acc...