Log In

A Bermuda run-off reinsurer that originated through various legacy reinsurance transactions with former majority shareholder, American International Group, Inc. (AIG), has been assigned a stable financial strength rating of A (Excellent) and stable l...

Acrisure Re, the insurance broking and capital risk advisory firm with an office in Bermuda, has launched a Florida operation with the appointment of Craig Darling as EVP and Office Head. The company said Mr Darling is based in Melbourne, Florida and...

Bermuda-based offshore drilling company Seadrill Limited has reached a settlement agreement with Northern Ocean Ltd predominantly with respect to balances outstanding from Seadrill's preparation of the West Mira and West Bollsta rigs in the North Sea...

Africa Specialty Risks, the pan-African focused reinsurance group, has launched a licensed reinsurance entity in Bermuda. ASR Re Limited has been licensed as a Class 3A insurer by the Bermuda Monetary Authority. The Group said it will offer a full su...

Bermuda-based insurer Enstar Group Limited has reported consolidated net earnings of $377.3 million, or $17.28 per fully diluted ordinary share, and $560.5 million, or $25.60 per fully diluted ordinary share, for the three and six months ended June 3...

Textainer Group Holdings Limited has reported net income of $73.8 million for the second quarter, or $1.45 per diluted common share, as compared to $62.1 million, or $1.22 per diluted common share in the first quarter of 2021. The Bermuda-headquarter...

White Mountains Insurance Group Ltd, the Bermuda-domiciled financial services holding company, has reported comprehensive income attributable to common shareholders was $139 million and $66 million in the second quarter and first six months, respecti...

Essent Group Ltd, the Bermuda-based holding company, has reported net income for the second quarter of $159.8 million or $1.42 per diluted share, compared to $15.4 million or 15 cents per diluted share for the same quarter a year ago. Essent, through...

A subsidiary of Bermuda-based Arch Capital Group Ltd has completed the previously disclosed acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates. Arch Reinsurance Ltd originally announced its planned acquisition...

Assured Guaranty Ltd. has reported net income of $98 million, or $1.29 per share for the second quarter to June 30, 2021. And shareholders’ equity climbed to the highest ever reported at $87.74 per share. Second quarter capital returned to shareholde...