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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...

Mosaic Insurance has launched its financial institutions division, underwriting risks globally through its London office. The Bermudian-based speciality insurer said it is offering tailored coverage to help protect a broad range of financial institut...

The Bermuda Foundation for Insurance Studies has presented six “A Day in the Life of …” virtual sessions for students that focused on different areas of the insurance industry. BFIS said members of its mentor and schools outreach committees came toge...

Frontline Ltd, a Bermudian-based oil tanker shipping company, has entered into an agreement to acquire two scrubber-fitted, latest generation ECO-type very large crude carriers. The VLCCs, built in 2019 at Hyundai Heavy Industries shipyard in South K...

HSBC Bermuda is offering free online resources on the bank’s website to support families in teaching their children about financial literacy. The bank said the financial education tools are designed to equip young people with the money management ski...

American Overseas Group Ltd, a Bermudian-based holding company, has reported a net loss of $5 million and an operating loss of $22.4 million for the year ending December 31, 2020. The company also announced that it has exited from the financial guara...

Bermudian students Karina Forth and Chloe Powell have been chosen to participate in the 2021 Chubb Select internship programme. Now in its ninth year, the company said Chubb Select is a well-established insurance internship aimed at talented Bermudia...