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Industry veteran Simon Johnson has been appointed president and chief executive officer of Seadrill Limited, the offshore drilling company based in Bermuda. Mr Johnson replaces Stuart Jackson in the roles with immediate effect, the company said. Juli...

The cash consideration for the sale of Bermudian-based reinsurer Partner Re Ltd to French mutual insurer Covéa is to increase by $328 million. Sellers Exor, the diversified holding company controlled by the Agnelli family, said in their 2021 annual r...

Banking giant Credit Suisse says it expects to lose a $500-million judgment in a case brought against a Bermuda subsidiary by the former prime minister of Georgia

The Lido Complex on the Elbow Beach Hotel property has reopened after closing for a short period during the winter months. The popular Sea Breeze Lounge & Terrace is now open for lunch, dinner and takeout from Tuesday to Sunday. Starting in May, they...

Clarendon Wallace, a coaching and leadership development firm, has opened a new office in the City of Hamilton. The firm founded by former underwriting executive Lorene Phillips, is now located on the first floor of the Kitson Building at 5 Reid Stre...

Called to the Bermuda Bar in November 2021, Ojeda Smith has joined Appleby’s legal trainee programme and begins her first seat with the firm’s insurance department. Ms Smith said: “It is an honour to be given the opportunity to train at one of Bermud...

For the second year in a row, Adam Birch has been named the top producing agent of Coldwell Banker Bermuda Realty during the company’s awards night at the Hamilton Princess & Beach Club. He also joined company chief executive officer and president, B...

The Lloyd’s market made a strong return to profitability in 2021 with an overall profit of £2.3 billion and a combined ratio of 93.5 per cent. Calling the announcement “the best quality result reported for six years”, Lloyd’s said the results followe...

The Royal Gazette/BSX Index closed unchanged at 2,479.03 for the day on the Bermuda Stock Exchange. In the only trade of the day, Bermuda Aviation Services closed unchanged at $1.25 after 10,000 shares were traded. The Bank of Butterfield’s shares f...

New insurance fronting business Concert Group Holdings has appointed Sam LaDuca as chief actuary. Starting April 1, LaDuca will report to Bermudian chief executive officer and founder Jonathan Reiss. “With Sam’s hire, Concert’s full executive team is...