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A partner in the Bermuda office of international law firm Appleby has been given a top ranking in the 2021 Chambers Global High Net Worth Guide. Vanessa Schrum, group head of the firm’s private client and trusts practice in Bermuda, was ranked in Ban...

Bermuda-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $54.7 million or 81 cents per diluted share for the second quarter of the year. The co...

Bermuda-based Apex Group Ltd has supported long-standing client Integral Group, a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which held its final closing at its hard cap of JPY123.8 billion. Apex, the global fina...

The Bank of N.T. Butterfield & Son Limited has declared second quarter net income of $39.6 million ($0.79 per diluted common share), compared to net income of $41.6 million for the previous quarter and $34.3 million for the second quarter of 2020. Th...

Bermudian hospitality veteran Kiwana Spencer has been promoted to the position of outlet manager of the Duchess Café & Gelateria at Hamilton Princess and Beach Club. The hotel said the senior role on the food and beverage team at the Princess will se...

PartnerRe Ltd. has reported net income available to common shareholder of $314 million for the second quarter, compared to income of $229 million for the same period of 2020. Net income available to common shareholders was $248 million for the half ...

Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide. Carey Olsen said it is the only Bermuda law firm to have a Band 1 ranking as a f...

Bermudian-based offshore drilling company Seadrill Limited has entered into agreements that it says contemplates a plan of reorganisation that will raise $350 million in new financing and reduce the company's liabilities by more than $4.9 billion. Th...

Registration is now open for the third annual Bermuda Tech Summit, which will take place virtually October 13-15, the Bermuda Business Development Agency has announced. Centred on the theme “Transforming the Digital Landscape,” the BDA said the free ...

Jon Steffen has joined Bermudian-based Aspida Life Re Ltd as president. Aspida Re, a subsidiary of Aspida Holdings Ltd, was launched last December following the acquisition of F & G Reinsurance Ltd by Aspida, which is backed by alternative investment...