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Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a two-well contract extension with Equinor Energy AS offshore Norway. The company said the contract is for Valaris JU-291 (Stavanger), a heavy-duty ultra-harsh envir...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Ltd, has promoted Keith Trivitt to the position of head of commercial & strategic partnerships within its International Division. In this newly created ...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,553.64. On the New York Stock Exchange, shares of Butterfield Bank were down 10 cents, or 0.02 per cent, at $37.92. The BSX Insurance Index improved 27.81 points, or 1.6...

The Bermuda operation of insurance broker Ed has developed a new front-end client portal, and within that has launched a digital wage and hour product in conjunction with Bermudian-based Argo Group. The global reinsurance, wholesale and specialty bro...

Legacy specialist DARAG Group Ltd has appointed Ciaran Russell as senior actuary in DARAG North America, the company’s Bermuda and US arm. The company said Mr Russell, who is based in Bermuda, worked most recently as an actuary at ILS Investment Mana...

Bermudian-headquartered Textainer Group Holdings Ltd elected two directors to its board and bid farewell to one at the annual meeting of shareholders. The company, one of the world’s largest lessors of intermodal freight containers, welcomed James Ea...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a one-well contract with Total E & P Côte d'Ivoire B.V. offshore Ivory Coast. The contract for the drillship Valaris DS-12 is expected to commence in the third quart...

The parent company of Belco has a new name. Ascendant Group Limited, also the parent of AG Holdings Limited, will operate under the name Liberty Group Limited, effective today. Liberty is the regulated services group of Algonquin Power & Utilities Co...

Billionaire shipping magnate John Fredriksen has stepped down as chairman and president of Bermudian-headquartered Frontline Ltd, one of the world’s largest oil tanker shipping companies. Ola Lorentzon has been appointed chairman of Frontline, succee...

Borr Drilling Ltd, the Bermudian-based oilfield services company, has reported a net loss of $58.1 million for the first quarter. That result follows a loss of $46.7 million in the fourth quarter of 2020, and an overall loss last year of $305.2 milli...