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AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited. The outlook of these credit ratings is stable. The ratings reflect ASR Re’s balance sheet stre...

Spend less, consume less, save more is sound advice in normal times. Today’s troubled times need a new message

Dear Dave, My husband and I have always gotten by. We both make about $40,000 a year, we each turned 50 last month, and we only have a little bit of debt. Recently, my mother-in-law moved in with us due to health issues. Since that time, we have been...

The RG/BSX Index finished the week at 2,454.91, up 90.86 points (3.70 per cent) as advancers led decliners four to two on the Bermuda Stock Exchange. Bank of N.T. Butterfield Ltd. was up a dollar (3.0 per cent) to $34 on trading of 2,000 shares. BF&M...

Civil aviation authorities have been given permission to help owners and lessors regain control of aircraft trapped in an international quagmire that is part of the Russia-Ukraine war. It could also mean their return to good standing on the island's ...

Developing a client base, executing a successful capital raise and increasing interest internationally — it’s been a good few months for Cactus Ltd, the Bermudian company behind Marmalade, the deal pricing and data capture system. Marmalade, a web-ba...

Digicel has announced the launch of IPv6 internet address protocol in Bermuda. A spokeswoman for the company said: “This latest internet address protocol enables a much more seamless experience on your internet-connected devices.” With multiple devic...

Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported net income of $47.1 million for the second quarter of 2022. Adjusted net income for the quarte...

Compre, the international legacy group headquartered in Bermuda, has announced it has received regulatory approval to acquire the French medical malpractice portfolio from a European-based insurer for an undisclosed sum. The company said the deal, st...

Bermudian-based Flex LNG Ltd has reported net income of $44.3 million for the second quarter 2022, compared to net income of $55.8 million for the first quarter of the year. The liquefied natural gas shipping company had vessel operating revenues of ...