6741 results returned for search: "" category "Business" author Business Staff
Enstar Group Limited, the Bermudian-based insurer, has reported net losses of $493 million and $775 million for the three and six months ended June 30, driven by unrealised losses on fixed-income securities in the rising interest rate environment.
Th...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Argo Group International Holdings Ltd has reported a net loss attributable to common shareholders of $18.9 million for the second quarter of the year.
That compares to net income attributable to common shareholders of $67.1 million fo...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Signet Jewelers Limited, the world's leading retailer of diamond jewellery, has signed a definitive agreement to acquire Blue Nile Inc, an online retailer of engagement rings and fine jewellery, for $360 million in an all-cash transac...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Borr Drilling Limited, the oilfield services company based in Bermuda, has reported a net loss of $165.3 million in the second quarter.
That is an increase in loss of $114 million compared with the first quarter of 2022, mainly attributable to an imp...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Texas-based National Western Life Insurance Company has announced the execution of an annuity reinsurance transaction with Aspida Life Re Ltd, a Bermudian-based reinsurer.
The transaction was effective July 1.
The reinsurance transaction is a strateg...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
An authority on cyberterrorism, a former US National Security Agency counterterrorism chief, is one of the special guests at the Bermuda Captive Conference in September.
Rachel Wilson, managing director, head of wealth management data security and in...
DATE: Aug 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermudian-based global financial services provider, has expanded its digital banking services to provide an agile and responsive solution for institutional clients delivered by subsidiary European Depositary Bank.
As business dema...
DATE: Aug 09, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Argus Group has appointed Janice Fernandes as the company secretary.
She replaces the interim company secretary, Simon Giffen.
Argus said Ms Fernandes will manage all corporate secretarial matters related to Argus Group Holdings Limited, ensuring...
DATE: Aug 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
White Mountains Insurance Group Ltd, the financial services holding company domiciled in Bermuda, has reported comprehensive losses attributable to common shareholders of $174 million and $143 million in the second quarter and first six months of 202...
DATE: Aug 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based R&Q Insurance Holdings Ltd has reported an 82 per cent year-over-year increase in gross written premium for the first half of 2022.
The non-life global specialty insurance company focusing on programme management and legacy insurance ...
DATE: Aug 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff