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The Lloyd’s market made a strong return to profitability in 2021 with an overall profit of £2.3 billion and a combined ratio of 93.5 per cent. Calling the announcement “the best quality result reported for six years”, Lloyd’s said the results followe...

LOM Financial Limited’s net profit for the year doubled to $9,510,119 as it enjoyed favourable returns on securities that the company owned. In a letter to shareholders, chairman and CEO Scott Lines said that the full-year 2021 profits were an increa...

Economic investment opportunities created by the Bermuda Business Development Agency in 2021 included 13 economic investment certificate applications approved for a total investment of $236 million, the organisation reported today. That was among the...

Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported annual sales growth of nearly 50 per cent as it announced fourth quarter and full-year results for the period ending January 29. Signet had annua...

The Bermuda Stock Exchange celebrated a major milestone, had record Insurance Linked Securities business, continued its growth in international debt listings and joined the Pyth Network in a year its operations were moved to new headquarters in the E...

West Hamilton Holdings Limited posted a net profit of $6.86 million in the fiscal year ended September 30, the highest reported profit for the company since inception. The Bermudian-based company said that compares with a loss of $400,000 at year-end...

The global pandemic has highlighted climate change together with diversity issues such as inequity and social injustice – issues that also are increasingly being considered by executives and directors of the world’s modern banks as an evolving concer...

Bermuda Aviation Services Limited and its subsidiaries have reported a total comprehensive loss of $1.1 million for the year ended March 31, 2021, compared to a comprehensive loss of $1.9 million in the prior year. In a filing with the Bermuda Stock ...

The coronavirus pandemic sparked an increase in calls from workers concerned about their rights – including mandatory Covid testing, a new report shows. According to the Human Rights Commission’s 2020 Annual Report, tabled in the House of Assembly on...

A youth organisation helped to empower almost 700 young people last year – bringing the total it has engaged through its programmes to more than 4,400. Endeavour Bermuda released its Impact Report yesterday which showed that 695 young people had bene...

Randall & Quilter Investment Holdings Ltd has reported record pre-tax operating profit of £16 million ($22.6 million) in 2020. R&Q said its profit, an increase of 102 per cent, reflected a year of accelerated growth across both of its business segmen...

Bermuda’s piped and bottled water supplier has warned that the ongoing Covid-19 pandemic and increased rainfall in the first quarter of the year will adversely impact the company’s results. The directors of Watlington Waterworks Ltd, in an annual rep...