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Private equity firm TA Associates has announced a significant minority investment in Bermudian-based global financial services provider Apex Group Ltd. Apex is majority-owned by Genstar Capital, a private equity firm focused on investments in targete...

EY has launched wavespace in Bermuda to serve as “an environment where businesses can harness advanced technologies and stay ahead of disruption”. It said companies, governments and other entities can accelerate their transformation by piloting new t...

In response to the ongoing threat of Covid-19, many companies have maintained their work from home regime in an effort to safeguard the health and safety of their employees. This new normal has forced many to adapt to the virtual side of business pra...

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...