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Three new members have been appointed to the executive management committee at Valaris Limited, the Bermudian-based offshore drilling company. Chris Weber will join Valaris as senior vice-president and chief financial officer, Matt Lyne will come abo...

Apex Group Ltd, the global financial services provider established in Bermuda in 2003, has acknowledged its massive expansion since the close of recently announced acquisitions. The business has grown to $2.75 trillion in assets serviced across admin...

Massachusetts Mutual Life Insurance Company has joined Bermudian-domiciled financial services holding company White Mountains Insurance Group Ltd as an equity investor in Kudu Investment Management LLC. Since 2018, New York-based Kudu said, it has ac...

London-based Hamilton Global Opportunities plc has completed a second investment in Miami International Holdings Inc, the parent company of the Bermuda Stock Exchange, for $2.15 million through a secondary share purchase. Gustavo Perrotta, founder an...

Seadrill Limited, the offshore drilling company based in Bermuda which came out of Chapter 11 bankruptcy and provisional liquidation in February, has reported an operating profit of $42 million for the first quarter of the year. The company reported ...

Net profits more than tripled to $24.3 million in the first quarter of the year for Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas. That compared with a net profit of $7.5 million for the ...

CrossTower, the crypto currency exchange and non-fungible token marketplace with an office in Bermuda, is to host NFT drops by BowieWorld, the metaverse created in 1999 by legendary singer and former Bermuda resident David Bowie and Worlds Inc. Massa...

Senior banker Stuart Kirk, suspended by employers HSBC for his comments about climate risk, has been pulled from the panel line-up at the inaugural Bermuda Climate Summit. Mr Kirk, global head of responsible investments and global head of research an...

Apex Group Ltd is to provide its single-source solution on a pro-bono basis to a UK-based investment fund of funds, which will use it proceeds to fund children’s and education non-profits around the world. Apex said Greater Share was an innovative p...

Altamira Therapeutics Ltd, a Bermudian-headquartered biotechnology company, has reported promising results for trials of a nasal spray in reduction of an allergy. Altamira, which says it is dedicated to developing therapeutics that address important...