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Reinsurance

American Overseas net income up 77% for 2024

The insurance holding company saw a $4 million increase over the previous year
The insurance holding company saw a $4 million increase over the previous year
  • May 06, 2025 3:39 PM
Local Business

Bermuda Press reports losses of $2.9m for fiscal year 2024

Exit from commercial printing and the reclassification of real estate accounted for $1.8 million of this loss
Exit from commercial printing and the reclassification of real estate accounted for $1.8 million of this loss
  • Mar 05, 2025 7:59 AM
Reinsurance

James River Group reports 2024 fourth-quarter net loss of $94m

Result was an improvement on the loss of $152.8m recorded by the Bermudian-based company in the prior-year quarter
Result was an improvement on the loss of $152.8m recorded by the Bermudian-based company in the prior-year quarter
  • Mar 04, 2025 4:36 PM
Reinsurance

Aspen posts net income of $431m in 2024 fiscal year

The operating return on average equity was 19.4 per cent and the adjusted combined ratio was 86.8 per cent
The operating return on average equity was 19.4 per cent and the adjusted combined ratio was 86.8 per cent
  • Mar 02, 2025 10:30 AM
Reinsurance

Assured Guaranty records fiscal 2024 net income of $376m

Gross written premiums were $440 million and the present value of new business production was $402 million
Gross written premiums were $440 million and the present value of new business production was $402 million
  • Mar 01, 2025 3:00 PM
Reinsurance

Hiscox Re & ILS reports 2024 profit before tax of $267.5m

The result came as Bermudian-headquartered Hiscox Group announced a record profit before tax of $685.4 million
The result came as Bermudian-headquartered Hiscox Group announced a record profit before tax of $685.4 million
  • Feb 27, 2025 6:30 PM
Reinsurance

Nabors Industries falls to $176m net loss

During the quarter, shareholders approved the issuance of shares to Parker Wellbore stockholders in connection with the merger between Parker and Nabors
During the quarter, shareholders approved the issuance of shares to Parker Wellbore stockholders in connection with the merger between Parker and Nabors
  • Feb 13, 2025 6:51 PM
Local Business

Butterfield reports net income of $216.3m in 2024

Strong returns were delivered through diversified fee income, low credit risk, treasury/agency investment portfolio and effective capital management
Strong returns were delivered through diversified fee income, low credit risk, treasury/agency investment portfolio and effective capital management
  • Feb 11, 2025 7:20 AM
International Business

DHT Holdings reports $181.5m net profit

That result was a jump of $20 million compared with the 2023 net profit of $161.4 million
That result was a jump of $20 million compared with the 2023 net profit of $161.4 million
  • Feb 06, 2025 2:53 PM
International Business

Brookfield Infrastructure posts net income of $391m in FY24

Results benefited from strong operational performance contributions from recent acquisitions and mark-to-market gains on hedging activities
Results benefited from strong operational performance contributions from recent acquisitions and mark-to-market gains on hedging activities
  • Feb 01, 2025 2:00 PM
Reinsurance

Everest Group expects FY24 net income of $1.3bn to $1.4bn

The Bermudian-based company has released preliminary commentary in advance of its results announcement on Monday
The Bermudian-based company has released preliminary commentary in advance of its results announcement on Monday
  • Jan 28, 2025 5:00 PM
Local Business

Devonshire Industries posts strong mid-year FY25 results

The company reports net income for the half-year of $224,402, a jump of 28.55 per cent year-over-year
The company reports net income for the half-year of $224,402, a jump of 28.55 per cent year-over-year
  • Jan 23, 2025 7:58 AM
Tourism

BTA details online efforts to promote Bermuda

The Bermuda Tourism Authority’s report shows it worked to highlight the island through social media in 2023
The Bermuda Tourism Authority’s report shows it worked to highlight the island through social media in 2023
  • Nov 20, 2024 7:51 AM
Local Business

BAS Group reports annual income of $1m

Holding company includes BAS Facilities Management Ltd, Otis Bermuda, Weir Enterprises and Eastbourne Properties Ltd
Holding company includes BAS Facilities Management Ltd, Otis Bermuda, Weir Enterprises and Eastbourne Properties Ltd
  • Sep 12, 2024 7:30 AM
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