Assured Guaranty Ltd, the bond insurer based in Bermuda, has reported a net loss of $47 million for the second quarter of the year.
That result includes after-tax losses of $63 million related to fore...
Sun Life International has launched Sun Global Aurora, a savings-oriented indexed universal life product.
The company said it was aimed at high-net-worth clients looking to diversify, protect and grow...
Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has returned to profitability.
The company reported net income of $28.5 million in the second quarter of the ...
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the second quarter of $231.8 million.
That compares with net income of $159.8 million for the same quarter a yea...
Palomar Holdings Inc, the parent company for subsidiaries including island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $14.6 million for the second quarter.
Tha...
HSBC Bermuda will be raising its base lending rate on residential mortgages and consumer loans for the first time since 2019.
Effective October 4, it will raise its base rate for Bermuda dollar resid...
Giovanni Hollis, a Bermudian university student, has been awarded the 2022 BFIS CG Insurance Alan Peacock Scholarship.
The award is valued at $25,000 for two academic years, totalling $50,000.
Mr Holl...
Sarah Medeiros is the recipient of MJM Limited’s 2022 Legal Scholarship.
Ms Medeiros was awarded the scholarship to a value of $10,000 to assist with her legal studies.
The 2021 graduate of Mount Sain...
Apex Group Ltd, the Bermudian-based global financial services provider, has closed the £1.5 billion acquisition of Sanne Group plc, a leading global provider of alternative asset and corporate service...
Bermudian-registered Nabors Industries Ltd has recorded a net loss from continuing operations attributable to Nabors shareholders for the second quarter of $83 million.
This compares to a loss of $184...
