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HSCM Bermuda is among the latest investors in an American flood specialist insurance company. Tech-enabled MGA reThought Insurance has completed a $15.5 million Series A investment round that it says will help fund its rapid growth in the flood insur...

Bermuda-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.1 million for the three months ended June 30, or 24 cents loss per basic and diluted share. The company said the results i...

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 ...

The RG/BSX Index closed unchanged at 2,511.61 in the absence of any trading on the Bermuda Stock Exchange. The BSX Insurance Index closed at 1770.90 from the latest change of 27.81 (1.60 per cent). The Bank of N.T. Butterfield & Son Limited closed up...

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...