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Kelvin Lam has joined Deloitte Bermuda as a partner to launch the organisation’s newly rebranded actuarial and insurance solutions practice. The professional services firm said Mr Lam joined from the Deloitte Toronto office on June 1 and will lead th...

The Bermuda Monetary Authority has warned that fraudulent cheques have been created in the United States which falsely appear to have been issued from a US bank account operated by the BMA. In a statement, the BMA said: “The Authority wishes to advis...

Bermudian-based SFL Corporation Ltd has agreed to acquire two medium-sized container vessels in combination with long term charters to a leading container line. The company said the vessels are modern eco-design built in 2013 and 2014 with approximat...

A milestone has been reached by the Association of Bermuda International Companies, which this year celebrates its 50th anniversary. During that time, it has helped more than 700 Bermudians through its education awards, the largest scholarship progra...

Bermudian-based energy outfit Höegh LNG Partners LP made sweeping changes to its board of directors at its annual meeting this week. A resolution was passed to re-elect David Spivak as a class three director of the partnership, whose term will expire...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a three-year contract with Chevron in the US Gulf of Mexico. The company said the contract is for drillship Valaris DS-18 (Relentless). Valaris said the contract is ...

After becoming a “virtual regulator” during the Covid-19 pandemic, the Bermuda Monetary Authority’s future may be as a hybrid, with both a virtual platform and a physical location. That possibility is highlighted in the BMA’s annual report, which als...

Nisha Smith has been named the winner of the prestigious 2021 Deloitte scholarship. The scholarship award offers up to $20,000 per year for a maximum of three years and is available to Bermudian students pursuing an undergraduate degree with an inter...

The Bermuda Business Development Agency is to host a climate risk finance seminar on June 23 in association with Rims, the risk management society. Roland Andy Burrows, chief executive officer of the BDA, said the online seminar will feature climate ...

Bermuda has responded after seven of the biggest economies in the world issued an accord supporting the outlines of a new global tax system, and a commitment to a minimum corporate tax rate of at least 15 per cent. More details are needed before the ...