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Bermudian-based energy outfit Höegh LNG Partners LP made sweeping changes to its board of directors at its annual meeting this week. A resolution was passed to re-elect David Spivak as a class three director of the partnership, whose term will expire...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a three-year contract with Chevron in the US Gulf of Mexico. The company said the contract is for drillship Valaris DS-18 (Relentless). Valaris said the contract is ...

Rating agency AM Best will sponsor and exhibit at the annual Bermuda Captive Conference, which is being held virtually next week. It has been a longtime supporter of the conference, and this year is a bronze-level sponsor. The two-day conference is o...

After becoming a “virtual regulator” during the Covid-19 pandemic, the Bermuda Monetary Authority’s future may be as a hybrid, with both a virtual platform and a physical location. That possibility is highlighted in the BMA’s annual report, which als...

Researchers have found that moving to a new country can be one of life’s most hellish activities, more emotionally taxing than losing a job or even suffering a major illness. To help relieve some of the stress for people moving to Bermuda, Lloyd Ho...

Shares of BF&M Ltd were up 25 cents, or 1.1 per cent, to $23.25 after 1,024 traded on The Royal Gazette/BSX Index. Butterfield Bank shares were also up 25 cents, or 0.7 per cent, at $37.50 after 1,350 were traded. On the New York Stock Exchange, the ...

Nisha Smith has been named the winner of the prestigious 2021 Deloitte scholarship. The scholarship award offers up to $20,000 per year for a maximum of three years and is available to Bermudian students pursuing an undergraduate degree with an inter...

Industry veteran Sven Wehmeyer has been promoted to the position of executive vice president, head of international, at Bermudian-based Validus Re, the reinsurance arm of AIG. The appointment was effective June 1. Based in Bermuda, Mr Wehmeyer will a...

The Bermuda Business Development Agency is to host a climate risk finance seminar on June 23 in association with Rims, the risk management society. Roland Andy Burrows, chief executive officer of the BDA, said the online seminar will feature climate ...

Bermuda has responded after seven of the biggest economies in the world issued an accord supporting the outlines of a new global tax system, and a commitment to a minimum corporate tax rate of at least 15 per cent. More details are needed before the ...