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Bermudian-based Nabors Industries Ltd has been selected as the new preferred drilling contractor by Chesapeake Energy Corporation of Oklahoma. Nabors said that both companies have contributed significantly to advancing the industry's digital maturity...

The Stationery Store & Stationery Store Plus are set to launch their first Black Friday Sale. But the seller of stationery and art supplies will launch a series of exclusively in-store sales on Friday, November 5 — and continue every Friday throughou...

Markets have improved in the fourth quarter, the leader of Bermuda-based Nordic American Tankers Ltd has told shareholders and investors in the oil tanker company. Herbjorn Hansson said that tanker markets have been down in 2021, including in the thi...

Butterfield’s banking centres in Hamilton, Somerset and St George have returned to regular operating hours — weekdays 9am until 4pm The bank said that more staff will be present to assist clients, enabled by the island’s steadily improving Covid-19 s...

Bermuda-based Assured Guaranty Ltd has declared a quarterly dividend of 22 cents per common share. The dividend is payable on December 1 to shareholders of record at the close of business on November 17. Assured is a publicly traded Bermuda-based hol...

A Bermudian businessman who was accused in the United States of a $135 million fraud in 2018 has now been told by authorities in the Cayman Islands that he, and two other directors of his failed company, Alpha Re, are “not fit and proper” to hold any...

Top broker Christina Allen has joined Oneglobal Bermuda as head of financial lines. She will report to group CEO Mike Reynolds when she officially joins the Hamilton office on January 4. The experienced financial lines broker’s recent position was di...

A new Bermuda reinsurance unit, with a capital markets emphasis, is being launched by the Howden insurance and reinsurance broking group, according to Artemis.bm. Artemis, the specialty capital and alternative (re)insurance market digital publish...

While there are about 4.7 billion active internet users in the world, fewer than two thirds of small businesses have a website. That tells a story of missed opportunity, says Alex Wright in his new book, Every Word Counts: The Easy Way to Win More C...

The $9-billion pending sale of Bermuda-based PartnerRe Ltd has attracted the attention of rating agencies, with both Moody’s Investor Services and AM Best making statements affirming existing ratings. Moody's affirmed their A1 insurance financial str...