Log In

Athene Holding Ltd had a strong fourth quarter, with net income of $1.06 billion, or $5.44 per diluted share, compared to $432 million for the same period in 2019. Adjusted operating income for the quarter was $558 million, or $2.85 per share, beatin...

Triton International Ltd has reported a $115.2 million profit, or $1.70 per diluted share, for the fourth quarter, beating analysts’ consensus of $1.43 cents per share. Adjusted net income was $114.7 million. The Bermudian-based company is the world’...

Bermudian-founded global financial services provider Apex Group Ltd has announced the final close of the acquisition of FundRock Management Company SA and FundRock Partners Ltd, following full regulatory approvals. The FundRock brand will be retaine...

A Bermudian-based company that aims to revolutionise the diamond industry is to have its long-awaited initial public offering tomorrow. Diamond Standard will offer for sale 5,000 diamond standard coins at a cost of $5,000 each in the $25 million IPO....

Bermudian-based Emerging Asset Management Ltd, a company founded to simplify the process of running an investment fund, has reached the milestone of $1 billion of assets under management. EAM, which has platforms in Bermuda, Cayman and Delaware, and ...

Bermudian-based offshore drilling outfit Seadrill Ltd is to submit an application to the Supreme Court of Bermuda for the appointment of joint provisional liquidators after it filed Chapter 11 cases in the Southern District of Texas. The cases were f...

The Bermuda Business Development Agency assisted in the incorporation of 20 new entrants to the market in 2020 through its designated business concierge service, the organisation said in its end-of-year report. They included three class 3A commercial...

Watford Holdings Ltd has reported a profit of $61.4 million, or $3.08 per share, after $1.1 million of preference dividends, for the fourth quarter. That compared to a net loss of $16.9 million, after $1.2 million of preference dividends for the same...

Ardmore Shipping Corporation has reported a net loss of $6 million for the year, or 18 cents per share. That includes a $6.5 million loss on the sale of the tanker Ardmore Seamariner, and compares with a net loss of $22.9 million in 2019. Adjusted pr...

Western Union Company, with its local agent Blue Nile Service Ltd, a BMA licensed money service provider, has reopened its Hamilton location after a four-month closure. A spokesperson said: “We are so thrilled that we can reopen our doors to best ser...