July 30, 2023 6:09PM Everest reports record operating profit in second quarter Net investment income in the second quarter is $357 million, from $226 million in the year-earlier period.
July 28, 2023 9:10PM Butterfield shares gain 0.9% in New York The RG/BSX Index closed unchanged on 2,286.68 on Friday after a day of no trades. For the week, the index gained 42.91 points, or 1.87 per cent, driven by a 2.6 per cent rise in Butterfield Bank’s sha...
July 28, 2023 7:59AM Vesttoo and Clear Blue scramble to calm market The troubled platform offers assurances, but key questions remains unanswered
July 27, 2023 8:01AM Clarien and Butterfield raise rates, HSBC holds for now The increases come after a much expected move higher by the US Federal Reserve
July 26, 2023 1:38PM Somerset Re agrees to $12.5bn deal with Prudential This transaction represents approximately one third of Prudential’s total guaranteed universal life statutory reserves
July 26, 2023 1:34PM Nabors reports $5m net profit in second quarter Bermudian-based energy technology company achieves operating revenues of $767 million
July 26, 2023 1:24PM Conduit Re posts first profit Bermudian-based company recorded comprehensive income of $78.6 million in the first half of the year
July 26, 2023 1:05PM Chubb selects three students for internship programme Benjamin Dill, Abigail Brewer and Sajan Harvey are participating in a ten-week programme
July 26, 2023 11:24AM Axis Capital appoints Shaw and Trivitt The former is specialty team leader for North American Programmes, and the latter co-head of Global Markets Portfolios
July 26, 2023 7:59AM AM Best examining collateral due to ‘Vesttoo situation’ Ratings of one insurer with exposure to the insurtech have already been placed on review
