Royal Gazette

Bermudian-based Axis Capital Holdings Limited has launched a portfolio underwriting unit, which targets multi-class portfolio business that is placed in the London specialty insurance market.
Axis sai…

Bermudian-headquartered Kiniksa Pharmaceuticals Ltd, a biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a ne…

Sue Couper has been appointed the new general manager of LOM Asset Management Limited.
This is her second tenure with LOM, having spent five years previously with the company as managing director for …

Seadrill Limited, the Bermudian-based offshore drilling company, has been awarded three contracts with a total value of $404 million by a leading operator.
The contracts have been awarded for the West…

Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $7.9 million for the first quarter of 2022.
That compares to a ne…

There is no shortage of start-up media and marketing companies in Bermuda.
Many are small, boutique operations that try to succeed on small client lists.
But few start-ups can show they can wow client…

The last month of the KPMG 17th Annual Senior School Investment Challenge finds the BHS team Business of Babylon strongly at the top of the leaderboard, after earlier leaders (DollaBillz2024 from Berm…

A unique outpatient clinic specialising in human movement and physical activity marked its tenth anniversary in April in its physiotherapy practice.
Owner Tanaeya Burch said her team have a mission “t…

The RG/BSX Index rose 26.82 points (1.14 per cent) to 2,376.84, buoyed by trading in Bank of N.T. Butterfield Ltd. stock, up 50 cents (1.5 per cent) to $33 on trading volume of 2,079.
It was the only …

The Bermuda Business Development Agency’s first Bermuda Climate Summit, May 23 and 24, is being presented in partnership with the Association of Bermuda Insurers and Reinsurers and the ratings agency …

Michael Schrum has been promoted to president and group chief risk officer at Butterfield Bank.
The bank also announced that Craig Bridgewater has been promoted to group chief financial officer and jo…

The AgraLiving Institute is to hold a sustainable farming workshop on May 14.
The class, which will run from 9.30am until 3pm, is designed to give attendees the fundamental knowledge and skills needed…

Bermuda expects to be be taken off an international taxation grey list by October after being assured it is now fully compliant with its requirements.
The Ministry announced today that the Organisatio…

Apex Group Ltd, the global financial services provider based in Bermuda, has closed the acquisition of New Zealand-based MMC Group.
MMC is the country’s leading provider of investment administration s…

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has reported a net loss of $39.8 million in the first quarter 2022 compared to net income of $27.7 million in the fourt…

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has continued its profitable run.
Triton, which posted 2021 net income of $484.5 million, has…

Since the pandemic began, the Employee Assistance Programme has seen an uptick in managers needing help dealing with employee mental health issues.
“Many managers are good at dealing with work projec…

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss attributable to ATN stockholders for the first quarter of 2022 of $1 million….

The Bank of N.T. Butterfield & Son Limited has reported net income of $44.4 million for the first quarter of 2022.
That compares with net income of $41.7 million for the previous quarter and $41.6…

The RG/BSX Index remained unchanged for the day at 2,350.02 on the Bermuda Stock Exchange. Just 100 shares from one issue (Bank of N.T. Butterfield Ltd.) traded, closing as it opened at $32.50.
Butter…