Bermuda recorded a first quarter 2021 balance of payments surplus nearly $100 million higher than for the same period the year before, Minister for the Cabinet Office Wayne Furbert has reported.
In a ...
HSCM Bermuda is among the investors in a $110 million Series C capital raise by DealerPolicy, the insurance marketplace for automotive retail.
The US company said the financing round was led by the Gr...
Bermuda-based Frontline Ltd, the oil tanker shipping company, has reported a net loss of $26.6 million, or 13 cents per basic and diluted share for the second quarter of 2021.
The company reported an ...
Multi-line, specialty Bermuda reinsurer Ariel Re is establishing a Lloyd’s managing agent, Ariel Re Managing Agency (ARMA) to manage the business of Syndicate 1910 and SPA 6117 starting in early 2022,...
Bermuda (re)insurers paid out $209.6 billion to United States policyholders and cedants for large catastrophes, property and casualty losses and life insurance claims during the five-year period from ...
Risk Management Solutions Inc, the catastrophe risk solutions company with a Bermuda office, has estimated that insured losses from the flooding in western and central Europe during July will likely r...
Domestic insurer BF&M Limited has reported net income for the six months ended June 30 of $14.8 million as compared to net income for the comparative period in 2020 of $10.4 million.
Earnings for the ...
Bermuda-based Flex LNG Ltd has purchased 80,000 of the company’s own common stocks.
The liquefied natural gas shipping company said the purchases were made between August 17 and 20 on the Oslo Stock E...
A former employee of the Accountant General’s department in Bermuda has been appointed chief financial officer of a Toronto-based fintech company.
Steve Fray worked as a senior accounting manager in t...
Axis Re, the reinsurance business segment of Bermuda-based Axis Capital Holdings Limited, has appointed Alexander Riveros as senior underwriter, credit & surety, effective today.
The company said Mr R...