6853 results returned for search: "" category "Business" author Business Staff
Palomar Holdings Inc, the California-based holding company of subsidiaries including Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $14.5 million for the first quarter of 2022 compared to $16.6 million for the first qua...
DATE: May 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-headquartered Hamilton Insurance Group Ltd has announced two senior underwriting appointments at Hamilton Select Insurance Inc, its newly-launched E&S insurer.
Devon Minarik has joined as head of US small business casualty insurance and Log...
DATE: May 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $72.7 million for the first quarter, compared to $72.9 million for the fourth quarter of 2021.
Adjusted net inco...
DATE: May 06, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
RenaissanceRe Holdings Ltd, the Bermudian-based reinsurer, has reported a first-quarter net loss attributable to common shareholders of $394.4 million.
That compares with a net loss of $290.9 million in the first quarter of 2021.
Operating income att...
DATE: May 05, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Apollo Group Holding Ltd, the independent specialist insurer and reinsurer, has appointed Bermuda market veteran Susan Pateras as independent non-executive chairwoman of Apollo Bermuda Limited, the group’s recently established Bermudian subsidiary.
T...
DATE: May 05, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sue Couper has been appointed the new general manager of LOM Asset Management Limited.
This is her second tenure with LOM, having spent five years previously with the company as managing director for LOM Financial (Bermuda) Limited.
Ms Couper has nea...
DATE: May 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based Axis Capital Holdings Limited has launched a portfolio underwriting unit which targets multi-class portfolio business that is placed in the London specialty insurance market.
Axis said the portfolio team is now actively underwriting p...
DATE: May 05, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $7.9 million for the first quarter of 2022.
That compares to a net loss of $8.5 million in the first quarter last y...
DATE: May 05, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-headquartered Kiniksa Pharmaceuticals Ltd, a biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss for the first quarter of $25.2 million.
Tha...
DATE: May 05, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda expects to be be taken off an international taxation grey list by October after being assured it is now fully compliant with its requirements.
The finance ministry announced today that the Organisation for Economic Co-operation and Developmen...
DATE: May 04, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff