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Bermudian-based offshore drilling company Valaris Ltd has announced that the company and its subsidiaries had successfully completed financial restructuring and emerged from Chapter 11 proceedings in the United States. The company said Valaris Group’...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has promoted Kirk Cyrus to the position of chairman of the board of Strategic Risk Solutions (Barbados) Ltd. Mr Cyrus, who is managing director of SRS ...

Professional services firm PwC Bermuda has released its Environmental, Social and Governance Highlights 2020 report. The report notes PwC’s progress against ESG indicators and its commitments to continue improving its ESG performance. In the environm...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the three months ended March 31 of $129.3 million, or $1.92 per diluted share. Adju...

Bermudian-based drinks giant Bacardi Ltd has promoted Kerry Carr to the company’s global leadership team. In her expanded role as SVP, global performance management, Bacardi said Ms Carr adds revenue growth management and Bacardi Enterprise Services ...

Veteran insurance executive Ying Teoh has been appointed to the position of global head of customer proposition, HSBC Life and Insurance Partnerships. HSBC Life is the HSBC Group’s insurance business. In her new position, she will lead HSBC Life’s Be...

The technical managers of the giant container ship that blocked the Suez Canal for six days last month have expressed disappointment that the waterway’s owner has now begun arrest procedures against the ship. Bernhard Schulte Shipmanagement, which ha...

The Bermuda Monetary Authority is to increase its focus on climate change matters with the introduction of a regulatory and supervisory team specialising in the licensing and supervision of innovative business model proposals to address climate chang...

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...

The Digicel Group, of which Digicel Bermuda is a part, has announced a $500,000 donation of “much needed items” to support relief efforts in St Vincent & the Grenadines caused by the Le Soufriere volcanic activity. The volcano erupted on Friday, a da...