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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 ...

Telecommunications industry veteran John Townsend has been appointed chief financial officer at the Digicel Group. Immediately prior to joining Digicel, Mr Townsend was CFO — business group at Verizon, and also served in the CFO capacity across vario...

BMS Group, the independent specialist re/insurance broker with an operation in Bermuda, has appointed Germán Torres-Ortíz managing director and head of Caribbean facultative business for BMS Re Latin America and Caribbean. The appointment is effectiv...

Only one issue traded on the Bermuda Stock Exchange Thursday, as the RG/BSX Index remained idle at 2,456.29. BF&M Ltd was unchanged at $24 after 2,000 shares were transferred. On the New York Stock Exchange, the Bank of N.T. Butterfield & Son Limited...

Thirty years after one of the costliest and most consequential natural disasters in American history, the (re)insurance industry is warning legislators and regulators that urgent action is needed to protect against man-made catastrophes. The Associat...