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Bermudian-based SFL Corporation Ltd, one of the world's largest ship-owning companies, has reported a net profit of $49.9 million in the third quarter of the year. Announcing its preliminary financial results, SFL said it received charter hire of app...

A former official in the administration of US president George W. Bush has been appointed to the board of Partner Re Ltd. Reuben Jeffery III, appointed as an independent director, served as Under-Secretary of State for Economic, Energy and Agricultur...

AM Best has affirmed the ratings of two Bermudian-domiciled captive insurance companies for Schlumberger Limited, a global technology company in the energy industry. The agency has affirmed the financial strength rating of A (Excellent) and the long-...

The RG/BSX Index slipped 2.57 points (0.11 per cent) to close at 2,329.81 as LOM Financial Limited traded down 35 cents (6.4 per cent) at $5.15 on the exchange of 25,000 shares on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited...

The parent of a Bermuda-based fintech company has stopped permitting customer withdrawals and had its California lending licence suspended in the wake of the spectacular collapse of crypto trading platform FTX Trading Ltd. On Thursday, BlockFi, whic...

Island Restaurant Group has acquired Bolero Brasserie, and will bring it under its umbrella of Bermuda restaurants, the organisation said this weekend. IRG owns Barracuda Grill, Hog Penny, Pickled Onion, Brew, Frog & Onion, IRG Catering and Dockyard ...

Local law firms Appleby, Conyers, Carey Olsen Bermuda Limited, Wakefield Quinn and Walkers have all received Tier 1 rankings from international legal directory Legal 500 Caribbean. Appleby and Conyers received Tier 1 rankings in six practice categori...

Bermudian and island-based technology innovators have been celebrated at the annual Tech Innovation Awards hosted by the Bermuda government’s Economic Development Department. TechAwards judging panels were composed of leaders in the fintech and techn...

As we all know, promises are made and broken all the time. What, if anything, can the law do to assist? Bermuda law, like English law, is usually uninterested in the simple promise, or, more pertinently, the breaking of a simple promise. Without a co...

Bermudian-based Ariel Re has joined the local chapter of the Insurance Supper Club, an organisation supporting the retention and development of women in the insurance industry. ISC was set up in the United Kingdom in 2008 in response to the low repr...