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Borr Drilling Limited, the oilfield services company, has reported a net loss of $46.1 million in the fourth quarter of 2021. That is an increase of $13.5 million compared with the loss in the third quarter last year, the Bermudian-based company said...

SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported a net profit of $80.1 million in the fourth quarter of 2021. The Bermudian-based company, announcing its preliminary financial results, said it had operating revenue ...

Flex LNG Ltd, the liquefied natural gas shipping company, has reported record net income of $69.4 million in the fourth quarter of 2021. That compares with net income of $32.8 million in last year’s third quarter and contributed to 2021 full-year net...

Denika Minors’ cookies are addictive. “More than one person has said they can’t stop eating them,” said Ms Minors, owner of baked-goods business Cookieologist. She has always baked in her spare time. Her friends and family urged her to go into busi...

P&I Clubs will seek significant price improvements at the February 2022 renewal in response to deteriorating claims experience, said a Best’s Market Segment Report. The move comes after the costs of pooled claims were at a record high for the first h...

Bermuda Electric Light Company is accepting applications for a range of company scholarships that are available to Bermudian students. Belco said the scholarships would be awarded to prospective employees of the company who would attend school and re...

The last couple of years can be described as anything but normal. Since early 2020, global government responses to the worldwide pandemic have ranged from extreme lockdowns to variable reopening policies, while massive monetary and fiscal stimulus h...

The Supreme Court will find out Wednesday afternoon just how sweet it is, the enhanced transaction terms offered by a unit of the Markel Group to buy out retrocessional reinsurance investment funds they are managing. The funds are already in run-off,...

The RG/BSX Index climbed 80.46 (3.13 per cent) as 1,572 Bank of N.T. Butterfield Ltd. shares traded, and the price closing at $39.50, up $1.50 (3.9 per cent) on the day. The bank also took advantage of its positive earnings release Monday with its sh...

Jean-Francois “Jeff” Bonnin has been appointed to the executive board of directors of SRT Marine Systems plc. He took on the role on February 3. SRT Marine Systems PLC is a global provider of next-generation integrated maritime domain and coastal su...