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Bermudian-based Nordic American Tankers Ltd remains bullish about the future despite reporting a net loss of $25 million, or 16 cents per share, in the first quarter of the year. This compares with a loss of $28.7 million in the fourth quarter of 202...

Randall & Quilter Investment Holdings Ltd has reported record pre-tax operating profit of £16 million ($22.6 million) in 2020. R&Q said its profit, an increase of 102 per cent, reflected a year of accelerated growth across both of its business segmen...

An equity index has launched that focuses exclusively on the publicly listed global insurance and reinsurance companies that control syndicates at Lloyd’s of London insurance market. A number of Bermudian-based re/insurers have syndicates at Lloyd’s....

Arch Capital Group Ltd has appointed Christine Todd as chief investment officer. The appointment is effective June 7, subject to regulatory approval. The Bermudian-based company said Ms Todd will report to Marc Grandisson, CEO of Arch Capital, and wi...

Mergers and acquisitions specialists Stavan Desai and Katherine Spenner are joining Mosaic Insurance as the new Bermudian-based global specialty insurer builds out its transactional liability team in the United States. The company said both will be b...

Bermudian-based re/insurer Aspen Insurance Holdings Ltd has launched a new global brand identity. Emphasising its mission to bring “Clarity from Complexity”, the company said the new brand represents an important milestone in Aspen’s ongoing transfor...

Acacia Holdings Ltd, the Bermudian-based specialist reinsurance and retrocession investment company, has appointed Lawrence Cheng to its executive leadership team in the role of chief underwriting officer. Mr Cheng served as managing director and hea...

Bermuda is featured in Newsweek magazine’s latest country report section as part of the publication’s “live and work” series. The report covers the island’s efforts to relaunch the tourism sector and build a future-proof economy through the convergen...

Somers Limited, the financial services investment holding company, has reported a record first half-year profit of $203.1 million. The company’s fiscal year runs from October 1 to September 30. In its second quarter, which ended on March 31, it repor...

A UK subsidiary of Bermudian-based Randall & Quilter Investment Holdings Ltd has acquired an Irish captive insurer. R&Q said Randall & Quilter II Holdings Ltd has received regulatory approval from the Central Bank of Ireland and has completed the acq...