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Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated approximately 5 per cent of the common shares of Valaris Limited. Valaris, the Bermudian-based offsho...

Board members of Bermudian-based Nordic American Tankers Ltd, the oil tanker company, have increased their share ownership in the firm. NAT said board member Alexander Hansson, who is the son of the company’s founder, chairman and CEO, Herbjorn Hanss...

Circle CEO Jeremy Allaire has declared Wednesday’s hearing before the US Congress as “a turning point in policy engagement”. The founder, chairman and CEO of Circle Internet Financial was among six cryptocurrency executives who appeared before the US...

An investment expert giving testimony for global banking giant Credit Suisse this week said it had been only days since he had been provided with and read a report that revealed that one of the bank’s own executives — later convicted of fraud — had r...

A foundational insurance course offered earlier this year has proven so popular that it will return for a second year in the spring semester 2022. The Association of Bermuda Insurers and Reinsurers (Abir) said that the course was offered in partnersh...

The RG/BSX Index remained unchanged at 2,648.34 after one issue traded for the day. Argus Group Holdings Ltd. closed unchanged at $6 after 20,288 shares changed hands. On the New York Stock Exchange, Bank of Butterfield fell 44 cents (1.19 per cent) ...

One year old Conduit Reinsurance Limited will require time to demonstrate and secure its competitive position in the international reinsurance market, according to an AM Best analysis that provided the new reinsurer with excellent ratings. The agency...

The Royal Gazette columnist and chartered financial analyst Bryan Dooley has been named chief investment officer of the LOM Financial Group. The general manager and head of portfolio management for LOM Asset Management Limited for more than 14 ye...

Ryan Parris and Alyssa Cardoso, of the professional services firm KPMG in Bermuda, have successfully completed their Chartered Professional Accountant (CPA) Canada accounting exams. The firm said Mr Parris joined KPMG in Bermuda’s audit department i...

The Bermuda Business Development Agency BDA) promoted the island’s strengths and aspirations to develop and grow a new Climate Risk Finance economic pillar during the latest CRF roadshow in New York City last week. Across four days, from November 29 ...