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On the same day that it emerged from a chapter 11 bankruptcy process, Bermudian-based offshore drilling company Seadrill Limited has reported a net profit of $18 million in the second half of 2021. That compares with a $605 million loss in the first ...

Bermudian-based energy outfit Höegh LNG Partners LP has reported net income of $16.2 million in the fourth quarter of 2021. That compares with net income of $18.5 million in the fourth quarter of 2020. The floating liquefied natural gas service provi...

The RG/BSX Index remained unchanged at 2,674.67 in the absence of trading on the Bermuda Stock Exchange domestic board. In New York, The Bank of N.T. Butterfield & Son Limited finished at $38.80, down a dollar (2.51 per cent) for the day on the New Y...

An air importer that sparked a flurry of complaints this month over poor service has been put on notice of a formal complaint after another missed flight yesterday

Against the backdrop of the threat of war in Ukraine, Bermuda’s financial services regulator adds three Russian nationals and five banks to a sanctions list on its website

The Stationery Store and Stationery Store Plus are seeking to add more local brands to their wide selection of products

Eric Andersen, the president of Aon, will deliver a keynote address at the inaugural Bermuda Risk Summit next month. The March 14 to 16 event, presented by the Bermuda Business Development Agency, is the first major, in-person risk event on the islan...

Argo Group International Holdings, has reported a fourth quarter net loss attributable to common shareholders of $118.8 million, compared with a net loss attributable to common shareholders of $3.5 million for the 2020 fourth quarter. For the 2021 y...

BMS, the independent insurance and reinsurance broker with an office in Bermuda, has promoted Neil Prior to the newly created role of group head of environmental and social responsibility, effective immediately. Mr Prior reports directly to Nick Cook...

Seadrill Limited, the offshore drilling company based in Bermuda, has announced that it anticipates soon emerging from chapter 11 bankruptcy, possibly as early as this week. Seadrill's chapter 11 plan of reorganisation was confirmed by the US Bankrup...