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Climate change has made a significant impact on the catastrophe modelling industry, a leader in the sector told a sold-out audience at the inaugural Bermuda Climate Summit. Industry veteran Karen Clark is the founder and CEO of cat modellers Karen Cl...

Höegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider, has entered into a definitive merger agreement with Höegh LNG Holdings Ltd, the island-registered company, in a deal worth $167.6 million. Under the agreement...

The Bermudian online payment solutions provider, First Atlantic Commerce, has announced an alliance with the FinTech Association of Trinidad & Tobago, a not-for-profit organisation that provides open membership to fintech start-ups and tech companies...

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...