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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...

The Somers Isles Trading Company, the retail concessionaire for Bermuda’s new air terminal at L F Wade International Airport, has won an award from the travel retail industry media group DFNI-Frontier. Travel industry representatives attended the Fro...

Balance of payments figures released by the Government show a current account surplus of $313 million in the second quarter of 2021 — a $37 million increase year over year. The growth in the surplus reflected an increase in the inflow of currency to ...

Pupils Karim Creary and Kiara Wilkinson have joined the two-year legal trainee programme in the Bermuda office of international law firm Appleby. The firm said that the programme involves completing four six-month seats in various practice groups inc...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has entered the pet insurance market via its accident and health unit through a strategic relationship with managing general underwriter Petplan....

The president of the International Cyber Threat Task Force is to be the keynote speaker at a webinar hosted by Elevate Executive Selection Bermuda Ltd, the executive search and recruitment business. Paul Dwyer will present “Cyber Threats: Be Prepared...

The RG/BSX Index closed unchanged at 2,679.26 with no trading on the Bermuda Stock Exchange. The Bank of Butterfield rose 43 cents (1.11 per cent) to close at $39.02 on the New York Stock Exchange. The BSX Insurance Index remained unquoted.

Arbol Inc, an insurtech platform for parametric protection products, has launched Arbol Underwriters Ltd, a registered insurance agent based in Bermuda, focused on matching reinsurance capacity with parametric insurance risks. AUL's parent company, N...

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...