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Seadrill Limited, the Bermudian-based offshore drilling company, has reported an operating profit of $25 million for the second quarter of the year. The company had total operating revenues of $284 million, and adjusted Ebitda of $75 million, represe...

Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported GAAP operating income of $186.8 million for the second quarter of the year. That is down from $225.4 million in the second quarter a year ago, an...

Small business owners seeking to learn how to efficiently use social media in minutes a day to attract new clients or customers are invited to attend a workshop on the topic. Social Media for Small Biz will be presented virtually next Wednesday by Mi...

The Bermuda company e-Link Commuting Co. Ltd., which is building advanced electric ferries, will partner with White Formula UK, a leading marine composite manufacturer known for Olympic and World Championships catamaran production. The UK company has...

Member companies of the Association of Bermuda Insurers and Reinsurers recorded a robust 21 per cent year-over-year increase in net premium written in 2021, the organisation reported. Abir’s global underwriting report, released yesterday, comprises d...

Digicel Business has launched new rates for mobile business plans affecting corporate customers. The company said that Digicel Business will offer faster, more reliable and secure coverage. The service includes unlimited local and international talk,...

Susie Tindall has been promoted to managing director of Carey Olsen Services Bermuda Limited. She succeeds Michael Frith, who has moved to the position of chairman. Both have been with the corporate services provider, a member of the Carey Olsen Berm...

Risk, capital and strategic adviser to the (re)insurance industry, TigerRisk Partners LLC, has appointed Mitchell Rosenberg as partner and managing director of its investment banking division, TigerRisk Capital Markets & Advisory. Mr Rosenberg will r...

The RG/BSX Index plunged 80.45 points (3.28 per cent) to close at 2,374.46, dragged down by Bank of N.T. Butterfield Ltd., which fell $1.50 (4.4 per cent) to close at $32.30 after 1,117 shares traded on the Bermuda Stock Exchange. No other issues tra...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has appointed Kevin Bogardus as senior vice-president, head of business development Asia Pacific, effective September 8. He will be based in Singapore and report t...