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Valaris Limited has reported an operating loss of $24.7 million in the fourth quarter of 2021. The Bermudian-based offshore drilling company said the results compared with operating income of $3.1 million in the third quarter of the year. Valaris sai...

Bermudian-based Avance Gas Holding Ltd has reported a net profit of $32.1 million in fiscal year 2021. That figure compares to a net profit of $70.9 million in 2020. The company, which is engaged in the transportation of liquefied petroleum gas, had ...

The RG/BSX Index fell 13.13 (0.49 per cent) to 2,674.67 for the day, dragged down by Bank of N.T. Butterfield Ltd trading down 25 cents (0.6 per cent) and closing at $40 after 4,332 shares changed hands. The other issue trading for the day was Bermud...

One of Bermuda’s best known advertising and publicity agencies has rebranded as 2.0

The Bermuda College will receive a $75,000 boost over three years thanks to a donation from an insurance company. BF&M Limited will give annual donations of $25,000 to the Bermuda College Foundation, a group tasked with funding the college, after the...

Ariel Re, the Bermudian-based reinsurer, has partnered with charity advocate Fiona Dill to donate more than $16,000 to Bermudian families through the company’s employee giving campaign. Ariel Re said it matched the amount of money raised by its emplo...

Mark Adams has been appointed senior associate on the corporate & finance team of law firm MJM Limited. After qualifying in England and Wales in 2002, Adams acquired extensive international experience including corporate finance, M&A, advisory, restr...

A subsidiary of Bermudian-domiciled Monument Re Limited has completed the acquisition of AME Life Lux SA (Amell) from French mutual insurance group, Covéa. The company said the deal by Luxembourg-based Monument Assurance Luxembourg SA has received re...

Bermudian-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has agreed to make changes to the chartering and management structure of the harsh environment jack-up drilling rig West Linus. The company said the rig was delive...

The RG/BSX Index closed unchanged at 2,687.80 with only Argus Group Holdings Ltd. trading on the Bermuda Stock Exchange, closing unchanged at $6.39, after 13,103 shares changed hands. In New York, The Bank of N.T. Butterfield & Son Limited finished 1...