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Valaris Limited has reported net income of $113 million in the second quarter compared to a net loss of $40 million in the first quarter of the year. The Bermudian-based offshore drilling services company said revenues increased to $413 million from ...

Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $78.6 million for the second quarter. That compares with $72.7 million for the first quarter of 2022. The averag...

Oliver Wyman, the global management consulting firm and business of Marsh McLennan, has announced the opening of a new actuarial office in Bermuda under the leadership of Faisal Haddad. "As demand for our actuarial services continues to grow both in ...

Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net profit of $28.8 million for the second quarter of the year. That compares with a net loss of $8.2 million for the second qu...

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the second quarter of $184.6 million. That compares with net income of $181.2 m...

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss of $500,000 for the second quarter of the year. That compares with net income of $2 million in the second quarter of 2021. The ...

The Association of Bermuda International Companies said it will join OutBermuda in celebrating Bermuda Pride 2022 later this month. In a statement Abic said: “As businesses in Bermuda, we strive to ensure that everyone is treated fairly, equitably, a...

Bermuda has been ranked second in the world for its regulation of the digital-asset sector. The first-of-its kind Global Crypto Regulation Index has been launched by Solidus Labs, which bills itself as the crypto-native risk-monitoring and market int...

Following a period of rapid growth, global financial services provider Apex Group Ltd. has partnered with software company AlphaCentrix to bring data management solutions to its clients. The Bermuda company said AlphaCentrix software will ensure cons...

Credit Suisse Life (Bermuda), a division of the banking giant Credit Suisse, has had an application before the Supreme Court rejected by Chief Justice Narinder Hargun. CS Life wanted a $607.35 million judgment against them to be paid from accounts se...