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Textainer Group Holdings Limited has reported net income of $73.8 million for the second quarter, or $1.45 per diluted common share, as compared to $62.1 million, or $1.22 per diluted common share in the first quarter of 2021. The Bermuda-headquarter...

White Mountains Insurance Group Ltd, the Bermuda-domiciled financial services holding company, has reported comprehensive income attributable to common shareholders was $139 million and $66 million in the second quarter and first six months, respecti...

A fintech company whose authorisation to offer digital coins from Bermuda was hailed as “the start of a new era for Bermuda” has settled allegations of securities fraud. Uulala Inc and two senior executives were charged in a California US District C...

Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line. SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...

There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago. The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...

The boss of a Bermuda-based tanker company has told shareholders and investors that it plans to renew and expand its fleet. Herbjorn Hansson, founder, chairman and chief executive officer of Nordic American Tankers Ltd, said: “A few years ago, NAT wi...

Nineteen Bermudian students received financial support for their further education through the island’s largest postsecondary scholarship programme at the recently held annual Association of Bermuda International Companies (ABIC) Education Awards lun...

Bermudians are being encouraged to consider accountancy as a profession due to the growing need for qualified candidates both on the island and worldwide. More than 300 accountants are employed in Bermuda as guest workers which means there are opport...

A subsidiary of the Abu Dhabi owned and operated RoyalJet Group has been granted an air operator certificate by the Bermuda Civil Aviation Authority, the company announced. The granting of this certificate – the first AOC to be issued to the Group ou...

Energy industry mutual, Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS) has just had its credit rating affirmed by ratings agency AM Best. Best said the outlook of the financial strength rating is stable, affirmed at A (Exc...