Re/insurer Hardy Underwriting Bermuda Ltd. said yesterday that first-half pretax profit declined 90 percent to £0.8 million ($1.3 million).
The company was hit by around $80 million in losses from two...
XL Group plc has no plans to relocate senior executives from Bermuda to Ireland, following the move of the company's holding company to Dublin.
The global business insurer's chief executive officer M...
The Bermuda Government's mounting debt problem can be traced back a few years to when the economy was booming, according to the Bermuda Chamber of Commerce.
In a statement on Finance Minister Paula Co...
Bermuda-based reinsurer Maiden Holdings Ltd. saw profits rise 14.7 percent increase in the second quarter over the same period last year.
The three-year-old company beat Wall Street estimates, generat...
XL Group plc last night posted second-quarter profits of $191.8 million and handily beat Wall Street estimates of its operating earnings.
The business insurer and reinsurer's profits broke down to 56 ...
Alterra Capital Holdings Ltd. topped $100 million in profit in its first quarterly earnings report since the company was formed by the merger of Max Capital Group and Harbor Point Re.
The Bermuda-base...
Trading in the shares of Argus Group Holdings Ltd. is likely to be halted for around six weeks after the company gave insufficient notice of its annual general meeting.
The insurer and investment comp...
Flagstone Reinsurance Holdings SA last night reported an 80 percent fall in profits for the second quarter, compared to last year.
Net income was $13.3 million, or 17 cents per share, compared to $67....
The Montpelier Re Foundation was so impressed with the quality of applicants for its scholarship that it awarded two instead of one.
The applicants who stood out to the scholarship committee were Alis...
Bermuda-based White Mountains Insurance Group Ltd. scraped a $2.5 million profit in the second quarter, compared to more than $180 million in the same period last year.
The group, which comprises rein...
