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FutureProof Technologies, the climate-smart P&C insurtech, has raised $6.5 million in capital led by Axis Digital Ventures, which works across Axis’ underwriting units to develop and grow strategic partnerships with insurtechs and other innovators. P...

Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the first quarter of $274.2 million compared to $135.6 million for the prior year quarter. The company’s board of directors declared a quarterly cash dividend of ...

Catalina General Insurance Ltd, the Bermudian-domiciled reinsurance company, has entered into an agreement with subsidiaries of QBE Insurance Group Ltd for a loss portfolio transfer of QBE’s legacy North American excess and surplus lines prior accide...

Miami International Holdings Inc, parent company of the Bermuda Stock Exchange, announced that it has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission relating to the proposed initial ...

Assured Guaranty Ltd, the Bermudian-based holding company, has reported a six-fold increase in net income to $66 million for the first quarter of 2022. That compares with net income of $11 million in the prior year quarter. First quarter capital retu...

Coralisle Group Ltd has expanded its Caribbean presence to 14 markets by buying Massy United Insurance Ltd of Barbados

Butterfield Bank raised its interest rates on loans and selected deposits in response to yesterday’s increase in the US Federal Funds Rate

A Supreme Court judgment against a Bermuda subsidiary of banking giant Credit Suisse will cost them some $600 million, the bank said in its first-quarter financial report today. The judgment relates to life insurance policies of a client of Credi...

Investment losses overshadowed positive underwriting results as Bermudian-based global re/insurer SiriusPoint Ltd reported a net loss of $217 million in the first quarter of the year. That compared with net income of $168.4 million in the prior year ...

The Bermuda chapter of the Institute of Directors is to offer a non-executive directors course for half its normal rate. “The role of the non-executive director” stand-alone course on May 10 is part of the organisation’s ongoing professional developm...