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CrossTower, the exchange operator licensed by the Bermuda Monetary Authority, has reported record trading volumes in October of $587 million. The company, which has offices in Bermuda, the United States and India, added that it has posted more than $...

Bermuda-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $33 million for the third quarter. The company reported earnings per share of 62 cents. Those figures compare with net income of $12.7 million and earn...

Ricardo Garcia, chief actuary at the Bermuda Monetary Authority, has been appointed to the executive committee of the International Association of Insurance Supervisors. He succeeds BMA chief executive officer Craig Swan in the role. Mr Garcia also s...

The Association of Bermuda International Companies (Abic) has released a “thank you” video to mark its 50th anniversary, featuring well-known businesspeople and politicians, and young Bermudians embarking on their career in international business. Da...

Bermuda-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $12.8 million for the third quarter. This compares with a net loss of $6.6 million for the three months ended September 30, 2...

Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported net profit of $33.2 million in the third quarter as it announced preliminary financial results for the three months ended September 30. The company repo...

Bermuda-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration services to private equity firm Revelstoke Capital. Apex said that Revelstoke is building industry-leading companies in healthcare...

Miami International Holdings Inc, owners of the Bermuda Stock Exchange, are among the lead investors in an oversubscribed $4.1 million seed round of New York-based Options AI, which calls itself a unique brokerage platform putting option spreads in t...

Bermuda-based Textainer Group Holdings Limited, one of the world's largest lessors of intermodal containers, has reported net income of $64.7 million for the third quarter. That compares with net income of $73.8 million in the second quarter of the y...

Bermuda-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have called special general meetings of shareholders to approve the previously announced proposed merger of the two organisations. Apollo shareholders are to mee...