Bermudian-based Teekay Tankers Ltd, one of the world’s largest owners and operators of mid-sized crude oil tankers, has reported losses for both the fourth-quarter and full fiscal year 2021.
The compa...
Legacy specialist Darag Group, which has an operation in Bermuda, has appointed Andrew Pryde to the new role of group chief risk officer, subject to regulatory approvals.
Based in London, Mr Pryde wil...
A year after its launch, global re/insurer SiriusPoint Ltd says it is “just getting started”.
The Bermudian-headquartered company debuted on February 26 last year as one of the first fully formed re/i...
The Chamber of Commerce’s Annual Budget Breakfast, normally scheduled the Monday after the Budget Statement is delivered, has been postponed until Thursday.
Chamber chief executive officer Kendaree Bu...
Russia’s invasion of Ukraine likely will impact the global insurance industry substantially in the near to midterm, AM Best believes.
The rating agency said this is probable, especially given the sign...
Bermudian-based holding company Assured Guaranty Ltd has reported net income of $389 million in fiscal year 2021.
That includes a $175 million pre-tax ($138 million after-tax) loss on debt extinguishm...
Enstar Group Limited, the global insurance group based in Bermuda, has reported consolidated net earnings of $437 million for fiscal year 2021.
That compares to consolidated net earnings of $1.7 billi...
Alaina Cubbon has joined Elementum Bermuda in the position of vice-president, portfolio management on the organisation’s investment team.
The alternative investment manager specialising in collaterali...
Nordic American Tankers Limited, the Bermudian-based oil tanker company, has reported a net loss of $21 million in the fourth quarter of 2021.
The adjusted EBITDA was $1.9 million.
The net loss for th...
SiriusPoint Ltd, the global insurer and reinsurer based in Bermuda, has reported net income of $44.6 million in fiscal year 2021.
That result is despite a net loss of $140.3 million in the fourth quar...
