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Nineteen Bermudian students received financial support for their further education through the island’s largest postsecondary scholarship programme at the recently held annual Association of Bermuda International Companies (ABIC) Education Awards lun...

Bermuda-based insurer Lancashire Holdings Ltd has reported a pre-tax profit of $54.1 million for the six months June 30, compared to the $23-million loss for the same period in 2020. The turn-around was fuelled by huge increases in its property and c...

Argo Group International Holdings, Ltd. has reported second quarter to June 30 net income attributable to common shareholders of $67.1 million or $1.92 per diluted common share, compared to a net loss attributable to common shareholders of $5.4 mill...

Legacy specialist DARAG Group has appointed Ajay Chhabra as Group Head of Capital Management. The company said Mr Chhabra joins after six years at Aspen where he was most recently head of exposure and performance management. He previously held actuar...

A subsidiary of the Abu Dhabi owned and operated RoyalJet Group has been granted an air operator certificate by the Bermuda Civil Aviation Authority, the company announced. The granting of this certificate – the first AOC to be issued to the Group ou...

BMS Re, the independent reinsurance broker, has launched a Bermuda operation with the appointment of Adam Mullan as executive director. Mr Mullan’s appointment is subject to necessary visa and regulatory requirements being met, the company said. BMS ...

Energy industry mutual, Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS) has just had its credit rating affirmed by ratings agency AM Best. Best said the outlook of the financial strength rating is stable, affirmed at A (Exc...

Top executives of Bermuda-based Conduit Holdings Ltd have declared their satisfaction with the interim results generated by the start-up operation, after a comprehensive loss of $12.4 million for the first six months. The company is the parent of Cla...

Bermudian-based Axis Capital Holdings Ltd has reported net income available to common shareholders of $228 million, or $2.67 per diluted common share, for the second quarter of the year. That compares to net income available to common shareholders of...