Local Business Bermuda Press releases interim results Veronica Gordon is elected vice-chair of the board, with Malcolm Moseley brought on as a director Veronica Gordon is elected vice-chair of the board, with Malcolm Moseley brought on as a director Jul 01, 2025 7:59 AM
International Business Rick Smith tops CEO pay with more than $164 million Much of his 2024 compensation will come in deferred stock options over the next few years Much of his 2024 compensation will come in deferred stock options over the next few years May 29, 2025 6:30 PM
Reinsurance Highest-paid insurance executive takes home more than $30m An industry publication listed the top five earners, based on filings with the US Securities and Exchange Commission An industry publication listed the top five earners, based on filings with the US Securities and Exchange Commission May 26, 2025 7:59 AM
International Business Golden Ocean reports Q1 net loss of $44.1m The losses reflect a weaker market environment, with softer charter rates and lower trading activity The losses reflect a weaker market environment, with softer charter rates and lower trading activity May 21, 2025 6:13 PM
International Business Seadrill Q1 results plunge The net loss of $14 million came as both operating revenues and contract revenues were higher The net loss of $14 million came as both operating revenues and contract revenues were higher May 13, 2025 4:45 PM
International Business Coinbase talks of Q1 highlights in letter to shareholders The upbeat message is about meaningful progress in priorities of driving revenue and utility, and the next decade of growth The upbeat message is about meaningful progress in priorities of driving revenue and utility, and the next decade of growth May 08, 2025 7:10 PM
Reinsurance White Mountains Q1 profits dip Net income for the three month period fell from $236.4 million to $33.9 million Net income for the three month period fell from $236.4 million to $33.9 million May 08, 2025 12:36 PM
Reinsurance Wildfires burn a hole in Arch Capital profit Net income for the first quarter fell by nearly 50 per cent to $564 million Net income for the first quarter fell by nearly 50 per cent to $564 million Apr 30, 2025 4:09 PM
Reinsurance RenRe Q1 burnt by California wildfire claims The Bermuda reinsurer delivered $161.1 million of net income available to common shareholders The Bermuda reinsurer delivered $161.1 million of net income available to common shareholders Apr 25, 2025 8:56 AM
Reinsurance Hiscox observes OECD guidance on Bermuda CIT payments The company recognised a deferred tax asset of $155 million that would mitigate the cash tax impact over a decade The company recognised a deferred tax asset of $155 million that would mitigate the cash tax impact over a decade Mar 06, 2025 5:35 PM
Reinsurance Arch Capital hit by wildfire expenses A group statement says their claims bill was estimated at between $35 billion and $45 billion A group statement says their claims bill was estimated at between $35 billion and $45 billion Feb 10, 2025 6:15 PM
Reinsurance IGI grows equity by more than $100m The strong performance included solid underwriting margins as well as a more favourable investment environment The strong performance included solid underwriting margins as well as a more favourable investment environment Nov 06, 2024 2:15 PM
International Business Teekay net income down 13.7m from Q2 The firm reported net income attributable to shareholders of $20.1 million in Q3 The firm reported net income attributable to shareholders of $20.1 million in Q3 Oct 31, 2024 6:13 PM
Reinsurance Everest Group posts $509m Q3 net income The company reported total shareholder return of 19.4 per cent annualised The company reported total shareholder return of 19.4 per cent annualised Oct 30, 2024 7:11 PM
Reinsurance Reinsurers maintain positive momentum Companies reap benefit of corporate income tax accounting gains Companies reap benefit of corporate income tax accounting gains Sep 25, 2024 7:30 AM
Reinsurance BF&M Q1 profit drops to $3.3 million CEO Abby Clifford said company delivered a solid start to the fiscal year CEO Abby Clifford said company delivered a solid start to the fiscal year May 21, 2024 12:40 PM
Reinsurance Hamilton Insurance continues strong performance The group’s Q1 net income of $157 million included the sixth consecutive quarter of underwriting income The group’s Q1 net income of $157 million included the sixth consecutive quarter of underwriting income May 20, 2024 4:50 PM
Local Business Record rain impacts Watlington Waterworks Water sales last year were down 20 million gallons compared with 2022 Water sales last year were down 20 million gallons compared with 2022 May 14, 2024 7:44 AM
Reinsurance Maiden declares Q1 profit Net premiums written were $8.3 million compared to $0.8 million reported for the first quarter of 2023 Net premiums written were $8.3 million compared to $0.8 million reported for the first quarter of 2023 May 13, 2024 12:11 PM
Reinsurance Fidelis Insurance Holdings grows premiums nearly 22% Insurer builds on 2023 by continuing to capitalise on attractive market opportunities Insurer builds on 2023 by continuing to capitalise on attractive market opportunities May 10, 2024 2:36 PM
Reinsurance White Mountains reports strong first quarter MediaAlpha stake drives insurance group’s results MediaAlpha stake drives insurance group’s results May 09, 2024 6:05 PM
Reinsurance Q1 net income up 11.8% for IGI Holdings Company benefited from strong underwriting results and good investment returns Company benefited from strong underwriting results and good investment returns May 07, 2024 6:00 PM
Reinsurance SiriusPoint profits from restructuring The Bermuda reinsurer reported an improvement in underwriting profits The Bermuda reinsurer reported an improvement in underwriting profits May 02, 2024 6:10 PM
Reinsurance Profitable Q1 growth for Hiscox Gross written premiums grew by 8.3 per cent Gross written premiums grew by 8.3 per cent May 02, 2024 3:26 PM
Banking Butterfield expects no direct impact from corporate income tax Challenges during the bank’s systems upgrades are behind them as they seek to roll out more functionality Challenges during the bank’s systems upgrades are behind them as they seek to roll out more functionality May 01, 2024 7:59 AM
Reinsurance Arch Capital’s Q1 profit exceeds $1.1bn Net income represents a 24.6 per cent annualised net income return on average common equity Net income represents a 24.6 per cent annualised net income return on average common equity Apr 30, 2024 3:00 PM
Local Business BermudAir goes green with ecoSpirits In-flight service will include reusable packaging to reduce waste and carbon emissions In-flight service will include reusable packaging to reduce waste and carbon emissions Apr 30, 2024 12:53 PM
Reinsurance Record Q1 underwriting results for Everest The three months delivered significant profitability across all key metrics, including total shareholder return The three months delivered significant profitability across all key metrics, including total shareholder return Apr 30, 2024 9:49 AM
Reinsurance Chubb first-quarter profits soar Net income was up 13.3 per cent from the comparative period last year, as consolidated net premiums written rose 14.1 per cent Net income was up 13.3 per cent from the comparative period last year, as consolidated net premiums written rose 14.1 per cent Apr 23, 2024 6:35 PM
Reinsurance Convex makes its first profit The half a billion dollar net income for 2023 compares to a net loss for the 2022 year The half a billion dollar net income for 2023 compares to a net loss for the 2022 year Apr 18, 2024 11:19 AM
