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AM Best is to hold a free analytical briefing on the expanding non-catastrophe insurance-linked securities market. The briefing is on Tuesday, June 21 at 11am Bermuda time. The ratings agency said prominent reinsurers and specialist underwriters incr...

The Bermuda office of professional services firm EY has added another string to its bow. EY Law has launched, adding legal advisory services and legal managed services to the organisation’s range of services. Bill Bailey and Alison Dyer head up EY La...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, reported that board member Alexander Hansson has bought 115,000 shares in NAT at $2.08 per share. Mr Hansson is the son of the company’s founder, chairman and CEO Herbjorn Hanss...

An offshore drilling services provider, a Bermuda exempted company, has suffered business interruption, it said in a prepared statement. Valaris Limited, the company that provides drilling services across all water depths and geographies, has said th...

Radiation oncologist Jedidiah Monson has been appointed to the position of chief medical officer at Beyond Cancer Ltd, an exempted company registered in Bermuda. Beyond Cancer, an affiliate of Beyond Air Inc, is focused on developing ultra-high conce...

A 45-day public review period has begun for the application by 24X National Exchange LLC to the US Securities and Exchange Commission for a licence to create a new national exchange. 24X is a US subsidiary of 24 Exchange Bermuda Ltd. The company said...

Bermudian-based Golar LNG Limited, the owner of tankers that haul liquefied natural gas, has sold the Golar Tundra to Milan-based Snam Group for $350 million. The transaction saw Snam acquire 100 per cent of the share capital of Golar LNG NB 13 Corpo...

Venture capitalists, G2D Investments Ltd, has announced a first quarter 19 per cent decrease in global funding to start-ups, down to $143.9 billion compared to the record breaking 4Q21. The first quarter was still the fourth largest for funding on re...

The chief executive officer of Borr Drilling Limited, the oilfield services company based in Bermuda, remains optimistic despite a $51.3 million net loss reported by the company for the first quarter of the year. Patrick Schorn said: “We are pleased ...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, expects better days ahead after reporting a net loss of $27 million for the first quarter of the year. That compares with a net loss of $25 million in the same quarter a year ag...