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Bermudian-based Argo Group International Holdings Ltd, an underwriter of specialty insurance products, has completed the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd. “The closing of this transaction is another definitive step as Argo...

The RG/BSX Index closed at 2,647.57, unchanged for the day, after one issue traded on the Bermuda Stock Exchange, Argus Group Holdings Ltd., (25,200 shares) which closed unchanged at $6.39. In New York, the Bank of N.T. Butterfield Ltd. finished 35 c...

Aircare sales consultants Reggie Weeks and Marlyn C Kelch have achieved the 2021 Linc Diamond Award for outstanding sales performance, again. The pair were named the winners at the annual All-Star Diamond Event honouring top sales performers and empl...

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...